Looking to diversify beyond VIXY? The ETFs below have the lowest correlation with VIXY — 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 VIXY.
Best Diversifiers for VIXY
1549 ETFs have low correlation with VIXY (below 0.3), 1488 of which are negatively correlated. The least correlated is AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) (Options Trading) with a 1Y correlation of -0.82, roughly unchanged from -0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AllianzIM U.S. Large Cap Buffer10 Apr ETF | -0.82 | -0.76 | -0.75 | 97 | Options Trading | VIXY vs APRT | |
| FT Vest Laddered Buffer ETF | -0.81 | -0.78 | -0.75 | 86 | Defined Outcome | VIXY vs BUFR | |
| FT Cboe Vest U.S. Equity Buffer ETF - May | -0.81 | -0.77 | -0.76 | 79 | Defined Outcome | VIXY vs FMAY | |
| MRBL Enhanced Equity ETF | -0.81 | — | — | 83 | Derivative Income | VIXY vs EDGE | |
| FT Cboe Vest U.S. Equity Moderate Buffer ETF - May | -0.81 | -0.73 | — | 84 | Options Trading | VIXY vs GMAY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VIXY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VIXY and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of -0.49, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | -0.49 | -0.49 | -0.49 | 92 | Technology | |
| Citigroup Inc. | -0.48 | -0.47 | -0.48 | 92 | Financial Services | |
| The Goldman Sachs Group, Inc. | -0.48 | -0.50 | -0.52 | 87 | Financial Services | |
| Tesla, Inc. | -0.48 | -0.47 | -0.46 | 63 | Consumer Cyclical | |
| HSBC Holdings plc | -0.47 | -0.46 | -0.43 | 93 | Financial Services |
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