Looking to diversify beyond VXX? The ETFs below have the lowest correlation with VXX — 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 VXX.
Best Diversifiers for VXX
1553 ETFs have low correlation with VXX (below 0.3), 1497 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 -0.81, roughly unchanged from -0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AllianzIM U.S. Large Cap Buffer10 Apr ETF | -0.81 | -0.76 | -0.72 | 97 | Options Trading | VXX vs APRT | |
| FT Cboe Vest U.S. Equity Buffer ETF - May | -0.81 | -0.77 | -0.74 | 79 | Defined Outcome | VXX vs FMAY | |
| FT Vest Laddered Buffer ETF | -0.81 | -0.78 | -0.73 | 87 | Defined Outcome | VXX vs BUFR | |
| MRBL Enhanced Equity ETF | -0.81 | — | — | 83 | Derivative Income | VXX vs EDGE | |
| Allianzim U.S. Large Cap Buffer10 Feb ETF | -0.81 | -0.76 | — | 84 | Options Trading | VXX vs FEBT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VXX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VXX and solid risk/return profiles. The least correlated is Morgan Stanley (MS) (Financial Services) with a 1Y correlation of -0.50, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Morgan Stanley | -0.50 | -0.50 | -0.51 | 90 | Financial Services | |
| The Goldman Sachs Group, Inc. | -0.49 | -0.49 | -0.49 | 86 | Financial Services | |
| Tesla, Inc. | -0.49 | -0.47 | -0.44 | 66 | Consumer Cyclical | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.48 | -0.49 | -0.47 | 93 | Technology | |
| Lam Research Corporation | -0.48 | -0.49 | -0.49 | 97 | Technology |
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