Looking to diversify beyond TAN? The ETFs below have historically moved differently from TAN, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TAN
485 ETFs have low correlation with TAN (below 0.3), 75 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 61 | Inverse Equities, Leveraged Equities | TAN vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 75 | Derivative Income | TAN vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | TAN vs SBIT | |
| ProShares Short Bitcoin ETF | -0.40 | -0.25 | — | 61 | Cryptocurrency | TAN vs BITI | |
| Alpha Architect Tail Risk ETF | -0.19 | -0.06 | — | 56 | Options Trading | TAN vs CAOS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TAN, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.31, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.31 | -0.09 | 0.04 | 89 | Financial Services | |
| Duke Energy Corporation | -0.24 | -0.01 | 0.03 | 56 | Utilities | |
| The Coca-Cola Company | -0.22 | -0.00 | 0.06 | 90 | Consumer Defensive | |
| Altria Group, Inc. | -0.20 | 0.00 | 0.02 | 66 | Consumer Defensive | |
| Church & Dwight Co., Inc. | -0.16 | -0.07 | -0.03 | 53 | Consumer Defensive |
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