Looking to diversify beyond TAXT? The ETFs below have the lowest correlation with TAXT — 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 TAXT.
Best Diversifiers for TAXT
1 ETFs have low correlation with TAXT (below 0.3), 0 of which are negatively correlated. The least correlated is FlexShares US Quality Low Volatility Index Fund (QLV) (Volatility Hedged Equity) with a 1Y correlation of 0.28, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FlexShares US Quality Low Volatility Index Fund | 0.28 | 0.28 | 0.28 | 53 | Volatility Hedged Equity | TAXT vs QLV | |
| FlexShares US Quality Large Cap Index Fund | 0.31 | 0.31 | 0.31 | 81 | Large Cap Blend Equities | TAXT vs QLC | |
| FlexShares International Quality Dividend Dynamic ... | 0.36 | 0.36 | 0.36 | 79 | Foreign Large Cap Equities, Dividend | TAXT vs IQDY | |
| FlexShares iBoxx 3-Year Target Duration TIPS Index... | 0.44 | 0.44 | 0.44 | 84 | Inflation-Protected Bonds | TAXT vs TDTT | |
| iShares iBonds Dec 2028 Term Muni Bond ETF | 0.46 | 0.46 | 0.46 | 77 | Municipal Bonds | TAXT vs IBMQ |
See all 32 diversifiers for TAXT
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