Looking to diversify beyond XAGG? The ETFs below have the lowest correlation with XAGG — 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 XAGG.
Best Diversifiers for XAGG
71 ETFs have low correlation with XAGG (below 0.3), 15 of which are negatively correlated. The least correlated is Bastion Energy ETF (BESF) (Energy Equities) with a 1Y correlation of -0.22, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.22 | -0.22 | -0.22 | 75 | Energy Equities | XAGG vs BESF | |
| VanEck Energy Income ETF | -0.19 | -0.19 | -0.19 | 57 | Energy Equities | XAGG vs EINC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.12 | -0.12 | -0.12 | 100 | Government Bonds, Ultrashort Bond | XAGG vs BIL | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.09 | -0.09 | -0.09 | 54 | Commodities | XAGG vs COM | |
| First Trust Managed Futures Strategy Fund | -0.08 | -0.08 | -0.08 | 75 | Hedge Fund | XAGG vs FMF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XAGG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XAGG and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.17, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.17 | -0.17 | -0.17 | 82 | Energy | |
| Verizon Communications Inc. | -0.05 | -0.05 | -0.05 | 63 | Communication Services | |
| AGNC Investment Corp. Series F Preferred Stock | 0.28 | 0.28 | 0.28 | 90 | Real Estate | |
| Amazon.com, Inc | 0.34 | 0.34 | 0.34 | 52 | Consumer Cyclical | |
| Prologis, Inc. | 0.40 | 0.40 | 0.40 | 88 | Real Estate |
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