Looking to diversify beyond XBOC? The ETFs below have the lowest correlation with XBOC — 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 XBOC.
Best Diversifiers for XBOC
199 ETFs have low correlation with XBOC (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, 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 | -0.46 | -0.33 | -0.36 | 53 | Cryptocurrency | XBOC vs BITI | |
| Invesco DB Energy Fund | -0.24 | -0.10 | 0.05 | 57 | Oil & Gas | XBOC vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | XBOC vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | XBOC vs BAMU | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.14 | -0.04 | 0.08 | 52 | Commodities | XBOC vs COMT |
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