Looking to balance out your exposure to XBIO? The ETFs below have the lowest correlation with XBIO — they tend to move on their own, which can help reduce risk when XBIO drops. The stock ideas table highlights individual companies that behave independently from XBIO.
Best Diversifiers for XBIO
2 ETFs have low correlation with XBIO (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.06, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.06 | 0.08 | 0.13 | 77 | Dividend | XBIO vs SCHD | |
| Vanguard Total World Stock ETF | 0.24 | 0.16 | 0.20 | 60 | Global Equities | XBIO vs VT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XBIO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XBIO and solid risk/return profiles. The least correlated is NNN REIT, Inc. (NNN) (Real Estate) with a 1Y correlation of -0.02, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NNN REIT, Inc. | -0.02 | 0.03 | 0.09 | 68 | Real Estate | |
| Exxon Mobil Corporation | 0.01 | 0.01 | 0.04 | 74 | Energy | |
| Pfizer Inc. | 0.08 | 0.08 | 0.07 | 50 | Healthcare |
Build a portfolio that complements XBIO
Add XBIO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XBIO