Looking to diversify beyond XBJL? The ETFs below have the lowest correlation with XBJL — 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 XBJL.
Best Diversifiers for XBJL
200 ETFs have low correlation with XBJL (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.33 | -0.36 | 57 | Cryptocurrency | XBJL vs BITI | |
| Invesco DB Energy Fund | -0.22 | -0.05 | 0.10 | 53 | Oil & Gas | XBJL vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | XBJL vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.14 | -0.02 | -0.02 | 99 | Ultrashort Bond | XBJL vs BAMU | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | 0.02 | 0.14 | 51 | Commodities | XBJL vs GSG |
See all 1168 diversifiers for XBJL
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