Looking to diversify beyond BOXA? The ETFs below have historically moved differently from BOXA, 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 BOXA
1341 ETFs have low correlation with BOXA (below 0.3), 94 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.41 | — | — | 54 | Oil & Gas | BOXA vs DBE | |
| ProShares UltraShort Yen | -0.39 | — | — | 56 | Leveraged Currency | BOXA vs YCS | |
| United States Gasoline Fund, LP | -0.39 | -0.32 | -0.32 | 72 | Oil & Gas | BOXA vs UGA | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.34 | -0.29 | -0.29 | 51 | Commodities | BOXA vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.34 | — | — | 51 | Commodities | BOXA vs GSG |
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