Looking to balance out your exposure to XBIO? The ETFs below have historically moved differently from XBIO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.03, roughly unchanged from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.03 | 0.06 | 0.12 | 95 | Dividend | XBIO vs SCHD | |
| Vanguard Total World Stock ETF | 0.24 | 0.16 | 0.20 | 77 | Global Equities | XBIO vs VT |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for XBIO, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NNN REIT, Inc. (NNN) (Real Estate) with a 1Y correlation of -0.01, roughly unchanged from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NNN REIT, Inc. | -0.01 | 0.02 | 0.08 | 77 | Real Estate | |
| Exxon Mobil Corporation | -0.00 | -0.00 | 0.02 | 85 | Energy | |
| Pfizer Inc. | 0.06 | 0.07 | 0.07 | 62 | 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