Looking to diversify beyond TAN? The ETFs below have the lowest correlation with TAN — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from TAN.
Best Diversifiers for TAN
396 ETFs have low correlation with TAN (below 0.3), 59 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.22 | 0.02 | 0.07 | 66 | Oil & Gas | TAN vs USO | |
| Invesco DB Energy Fund | -0.20 | 0.04 | 0.09 | 71 | Oil & Gas | TAN vs DBE | |
| United States Brent Oil Fund LP | -0.20 | 0.04 | 0.08 | 65 | Oil & Gas | TAN vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | TAN vs IBIC | |
| Defiance Oil Enhanced Options Income ETF | -0.17 | 0.02 | 0.02 | 56 | Derivative Income | TAN vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TAN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TAN and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.13, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.13 | 0.02 | 0.02 | 52 | Utilities | |
| The Coca-Cola Company | -0.10 | 0.04 | 0.07 | 63 | Consumer Defensive | |
| Altria Group, Inc. | -0.09 | 0.06 | 0.04 | 67 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.08 | 0.15 | 0.18 | 85 | Energy | |
| Walmart Inc. | -0.08 | 0.02 | 0.07 | 59 | Consumer Defensive |
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