Looking to diversify beyond TAXX? The ETFs below have the lowest correlation with TAXX — 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 TAXX.
Best Diversifiers for TAXX
1449 ETFs have low correlation with TAXX (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.19 | — | — | 64 | Systematic Trend | TAXX vs FFUT | |
| ProShares UltraShort Yen | -0.18 | — | — | 61 | Leveraged Currency | TAXX vs YCS | |
| VanEck Commodity Strategy ETF | -0.16 | — | — | 55 | Commodities | TAXX vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.16 | — | — | 50 | Commodities | TAXX vs CERY | |
| Bastion Energy ETF | -0.15 | -0.14 | -0.14 | 75 | Energy Equities | TAXX vs BESF |
See all 1586 diversifiers for TAXX
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