Looking to diversify beyond XAR? The ETFs below have the lowest correlation with XAR — 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 XAR.
Best Diversifiers for XAR
360 ETFs have low correlation with XAR (below 0.3), 47 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.14, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.14 | 0.00 | 0.12 | 71 | Oil & Gas | XAR vs DBE | |
| United States Gasoline Fund LP | -0.12 | -0.01 | 0.09 | 69 | Oil & Gas | XAR vs UGA | |
| SGI Enhanced Core ETF | -0.11 | — | — | 94 | Intermediate Core Bond | XAR vs USDX | |
| United States Brent Oil Fund LP | -0.10 | 0.02 | 0.12 | 65 | Oil & Gas | XAR vs BNO | |
| Roundhill Weekly T-Bill ETF | -0.09 | — | — | 99 | Ultrashort Bond | XAR vs WEEK |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XAR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XAR and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.15, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.15 | 0.01 | 0.11 | 59 | Communication Services | |
| PepsiCo, Inc. | -0.14 | 0.02 | 0.14 | 56 | Consumer Defensive | |
| Altria Group, Inc. | -0.14 | 0.04 | 0.17 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.10 | 0.02 | 0.11 | 53 | Utilities | |
| The Coca-Cola Company | -0.09 | 0.03 | 0.18 | 66 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XAR
Add XAR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XAR