Looking to diversify beyond TEND? The ETFs below have the lowest correlation with TEND — 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 TEND.
Best Diversifiers for TEND
0 ETFs have low correlation with TEND (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock AAA CLO ETF (CLOA) (CLO) with a 1Y correlation of 0.31, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock AAA CLO ETF | 0.31 | 0.31 | 0.31 | 99 | CLO | TEND vs CLOA | |
| Innovator Premium Income 15 Buffer ETF - July | 0.72 | 0.72 | 0.72 | 96 | Defined Outcome | TEND vs LJUL | |
| PGIM S&P 500 Max Buffer ETF - April | 0.87 | — | — | 99 | Defined Outcome | TEND vs PMAP | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 0.87 | 0.87 | 0.87 | 96 | Nasdaq-100, Defined Outcome | TEND vs QMAR | |
| Simplify Hedged Equity ETF | 0.90 | 0.90 | — | 70 | Options Trading | TEND vs HEQT |
See all 7 diversifiers for TEND
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