Looking to diversify beyond XBB? The ETFs below have the lowest correlation with XBB — 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 XBB.
Best Diversifiers for XBB
195 ETFs have low correlation with XBB (below 0.3), 55 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.32, down from -0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.32 | -0.11 | — | 72 | Oil & Gas | XBB vs UGA | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | — | — | 60 | Inverse Equities, Leveraged Equities | XBB vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | — | — | 65 | Derivative Income | XBB vs WNTR | |
| ProShares UltraShort Yen | -0.28 | -0.25 | — | 75 | Leveraged Currency | XBB vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.21 | -0.02 | — | 51 | Commodities | XBB vs PDBC |
See all 1559 diversifiers for XBB
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