Looking to diversify beyond VXX? The ETFs below have historically moved differently from VXX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VXX
1723 ETFs have low correlation with VXX (below 0.3), 1639 of which are negatively correlated. The least correlated is FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY) (Defined Outcome) with a 1Y correlation of -0.84, down from -0.74 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Cboe Vest U.S. Equity Buffer ETF - May | -0.84 | -0.78 | -0.74 | 77 | Defined Outcome | VXX vs FMAY | |
| AllianzIM U.S. Large Cap Buffer10 Apr ETF | -0.84 | -0.77 | -0.72 | 97 | Options Trading | VXX vs APRT | |
| FT Vest Laddered Buffer ETF | -0.84 | -0.79 | -0.74 | 87 | Defined Outcome | VXX vs BUFR | |
| FT Cboe Vest U.S. Equity Moderate Buffer ETF - May | -0.83 | -0.74 | — | 81 | Options Trading | VXX vs GMAY | |
| MRBL Enhanced Equity ETF | -0.83 | — | — | 79 | Derivative Income | VXX vs EDGE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VXX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Goldman Sachs Group, Inc. (GS) (Financial Services) with a 1Y correlation of -0.58, roughly unchanged from -0.53 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Goldman Sachs Group, Inc. | -0.58 | -0.54 | -0.53 | 81 | Financial Services | |
| Morgan Stanley | -0.55 | -0.51 | -0.51 | 87 | Financial Services | |
| Nu Holdings Ltd. | -0.53 | -0.44 | -0.42 | 57 | Financial Services | |
| American Express Company | -0.53 | -0.52 | -0.53 | 58 | Financial Services | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.51 | -0.50 | -0.47 | 87 | Technology |
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