Looking to diversify beyond TENM? The ETFs below have the lowest correlation with TENM — 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 TENM.
Best Diversifiers for TENM
0 ETFs have low correlation with TENM (below 0.3), 0 of which are negatively correlated. The least correlated is FT Cboe Vest Nasdaq-100 Buffer ETF - March (QMAR) (Nasdaq-100) with a 1Y correlation of 0.85, roughly unchanged from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 0.85 | 0.85 | 0.85 | 96 | Nasdaq-100, Defined Outcome | TENM vs QMAR | |
| Fidelity Dynamic Buffered Equity ETF | 0.87 | 0.87 | 0.87 | 79 | Defined Outcome | TENM vs FBUF |
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