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
226 ETFs have low correlation with XBAP (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | -0.03 | 0.10 | 71 | Oil & Gas | XBAP vs DBE | |
| Invesco DB Oil Fund | -0.22 | -0.01 | 0.10 | 65 | Oil & Gas | XBAP vs DBO | |
| United States Brent Oil Fund LP | -0.20 | -0.01 | 0.09 | 65 | Oil & Gas | XBAP vs BNO | |
| iShares Commodities Select Strategy ETF | -0.17 | 0.03 | 0.14 | 72 | Commodities | XBAP vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | 0.03 | 0.14 | 72 | Commodities | XBAP vs GSG |
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