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
299 ETFs have low correlation with XCLR (below 0.3), 58 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 -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.35 | -0.37 | 57 | Cryptocurrency | XCLR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | XCLR vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 68 | Inverse Equities, Leveraged Equities | XCLR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | XCLR vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.30 | -0.23 | — | 51 | Currency | XCLR vs UUP |
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