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
1419 ETFs have low correlation with TAXX (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck CMCI Commodity Strategy ETF | -0.25 | — | — | 66 | Commodities | TAXX vs CMCI | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.25 | — | — | 51 | Commodities | TAXX vs PDBC | |
| United States Gasoline Fund LP | -0.24 | — | — | 72 | Oil & Gas | TAXX vs UGA | |
| iPath Bloomberg Commodity Index Total Return ETN | -0.21 | — | — | 53 | Commodities | TAXX vs DJP | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | -0.21 | — | — | 53 | Commodities | TAXX vs BCI |
See all 1571 diversifiers for TAXX
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