Looking to diversify beyond XCLR? The ETFs below have the lowest correlation with XCLR — 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 XCLR.
Best Diversifiers for XCLR
290 ETFs have low correlation with XCLR (below 0.3), 70 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from -0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.06 | — | 71 | Oil & Gas | XCLR vs DBE | |
| United States Oil Fund LP | -0.25 | -0.05 | — | 66 | Oil & Gas | XCLR vs USO | |
| United States Brent Oil Fund LP | -0.25 | -0.05 | — | 65 | Oil & Gas | XCLR vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.23 | -0.02 | — | 55 | Oil & Gas | XCLR vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.22 | — | — | 56 | Derivative Income | XCLR vs USOY |
See all 1609 diversifiers for XCLR
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