Looking to balance out your exposure to OXSQ? The ETFs below have the lowest correlation with OXSQ — they tend to move on their own, which can help reduce risk when OXSQ drops. The stock ideas table highlights individual companies that behave independently from OXSQ.
Best Diversifiers for OXSQ
9 ETFs have low correlation with OXSQ (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Treasury ETF (VGSH) (Government Bonds) with a 1Y correlation of 0.01, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Treasury ETF | 0.01 | 0.02 | 0.01 | 89 | Government Bonds, Short-Term Bond | OXSQ vs VGSH | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 0.03 | 0.11 | 0.16 | 79 | High Yield Bonds | OXSQ vs HYEM | |
| iShares 1-3 Year Treasury Bond ETF | 0.05 | 0.06 | 0.04 | 87 | Government Bonds, Short-Term Bond | OXSQ vs SHY | |
| Schwab U.S. Dividend Equity ETF | 0.06 | 0.21 | 0.29 | 91 | Dividend | OXSQ vs SCHD | |
| Vanguard Value ETF | 0.12 | 0.24 | 0.31 | 91 | Large Cap Value Equities | OXSQ vs VTV |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OXSQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OXSQ and solid risk/return profiles. The least correlated is Ellington Financial Inc. (EFC) (Real Estate) with a 1Y correlation of 0.16, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ellington Financial Inc. | 0.16 | 0.28 | 0.34 | 67 | Real Estate | |
| Orchid Island Capital, Inc. | 0.23 | 0.27 | 0.33 | 68 | Real Estate | |
| Dynex Capital, Inc. | 0.25 | 0.27 | 0.34 | 78 | Real Estate | |
| Trinity Capital Inc. | 0.35 | 0.30 | 0.31 | 90 | Financial Services | |
| Capital Southwest Corporation | 0.38 | 0.34 | 0.38 | 70 | Financial Services |
Build a portfolio that complements OXSQ
Add OXSQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OXSQ