Looking to diversify beyond TAX? The ETFs below have the lowest correlation with TAX — 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 TAX.
Best Diversifiers for TAX
134 ETFs have low correlation with TAX (below 0.3), 16 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | TAX vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | — | — | 95 | Inflation-Protected Bonds | TAX vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | TAX vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.09 | — | — | 70 | Commodities | TAX vs FAAR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | — | — | 100 | Government Bonds, Ultrashort Bond | TAX vs BIL |
See all 1144 diversifiers for TAX
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Diversification Analysis
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