Looking to diversify beyond XCEM? The ETFs below have the lowest correlation with XCEM — 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 XCEM.
Best Diversifiers for XCEM
276 ETFs have low correlation with XCEM (below 0.3), 53 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.39, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | -0.37 | -0.37 | 60 | Inverse Equities, Leveraged Equities | XCEM vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 65 | Derivative Income | XCEM vs WNTR | |
| ProShares UltraShort Yen | -0.26 | -0.18 | -0.17 | 75 | Leveraged Currency | XCEM vs YCS | |
| United States Gasoline Fund LP | -0.21 | -0.02 | 0.10 | 72 | Oil & Gas | XCEM vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | -0.01 | -0.01 | 98 | Inflation-Protected Bonds | XCEM vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XCEM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XCEM and solid risk/return profiles. The least correlated is McKesson Corporation (MCK) (Healthcare) with a 1Y correlation of -0.10, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| McKesson Corporation | -0.10 | -0.09 | 0.06 | 58 | Healthcare | |
| Welltower Inc. | -0.09 | 0.11 | 0.23 | 92 | Real Estate | |
| Coca-Cola Consolidated, Inc. | -0.05 | 0.10 | 0.18 | 83 | Consumer Defensive | |
| Targa Resources Corp. | -0.02 | 0.17 | 0.31 | 92 | Energy | |
| Brixmor Property Group Inc. | 0.02 | 0.21 | 0.34 | 81 | Real Estate |
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