Looking to diversify beyond XBCI? The ETFs below have the lowest correlation with XBCI — 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 XBCI.
Best Diversifiers for XBCI
358 ETFs have low correlation with XBCI (below 0.3), 83 of which are negatively correlated. The least correlated is United States 12 Month Oil Fund LP (USL) (Oil & Gas) with a 1Y correlation of -0.25, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States 12 Month Oil Fund LP | -0.25 | -0.25 | -0.25 | 56 | Oil & Gas | XBCI vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | -0.24 | -0.24 | 55 | Oil & Gas | XBCI vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.24 | -0.24 | -0.24 | 56 | Derivative Income | XBCI vs USOY | |
| ProShares Ultra Bloomberg Crude Oil | -0.24 | -0.24 | -0.24 | 54 | Leveraged Commodities | XBCI vs UCO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.23 | -0.23 | 71 | Commodities | XBCI vs GSG |
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