Looking to diversify beyond XBAP? The ETFs below have the lowest correlation with XBAP — 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 XBAP.
Best Diversifiers for XBAP
218 ETFs have low correlation with XBAP (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.33 | -0.35 | 53 | Cryptocurrency | XBAP vs BITI | |
| Invesco DB Energy Fund | -0.19 | -0.04 | 0.09 | 57 | Oil & Gas | XBAP vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.15 | 0.02 | 0.12 | 52 | Commodities | XBAP vs COMT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | XBAP vs IBIC | |
| VanEck Energy Income ETF | -0.14 | 0.22 | 0.36 | 80 | Energy Equities | XBAP vs EINC |
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