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
1570 ETFs have low correlation with VIXY (below 0.3), 1526 of which are negatively correlated. The least correlated is FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY) (Large Cap Blend Equities) with a 1Y correlation of -0.80, roughly unchanged from -0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Cboe Vest U.S. Equity Buffer ETF - May | -0.80 | -0.77 | -0.76 | 79 | Large Cap Blend Equities | VIXY vs FMAY | |
| AllianzIM U.S. Large Cap Buffer10 Apr ETF | -0.80 | -0.75 | -0.75 | 97 | Options Trading | VIXY vs APRT | |
| FT Vest Laddered Buffer ETF | -0.80 | -0.77 | -0.75 | 86 | Defined Outcome | VIXY vs BUFR | |
| MRBL Enhanced Equity ETF | -0.80 | — | — | 77 | Derivative Income | VIXY vs EDGE | |
| FT Cboe Vest U.S. Equity Moderate Buffer ETF - May | -0.79 | -0.73 | -0.72 | 82 | 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 The Goldman Sachs Group, Inc. (GS) (Financial Services) with a 1Y correlation of -0.50, roughly unchanged from -0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Goldman Sachs Group, Inc. | -0.50 | -0.50 | -0.52 | 91 | Financial Services | |
| Citigroup Inc. | -0.50 | -0.47 | -0.49 | 95 | Financial Services | |
| American Express Company | -0.48 | -0.49 | -0.52 | 56 | Financial Services | |
| QUALCOMM Incorporated | -0.47 | -0.46 | -0.49 | 71 | Technology | |
| Morgan Stanley | -0.46 | -0.47 | -0.50 | 92 | Financial Services |
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Build a portfolio that complements VIXY
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