Looking to diversify beyond XDIV? The ETFs below have the lowest correlation with XDIV — 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 XDIV.
Best Diversifiers for XDIV
103 ETFs have low correlation with XDIV (below 0.3), 32 of which are negatively correlated. The least correlated is Defiance Oil Enhanced Options Income ETF (USOY) (Derivative Income) with a 1Y correlation of -0.23, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | -0.24 | -0.24 | -0.24 | 56 | Derivative Income | XDIV vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.23 | -0.23 | -0.23 | 55 | Oil & Gas | XDIV vs OILK | |
| Invesco DB Oil Fund | -0.22 | -0.22 | -0.22 | 65 | Oil & Gas | XDIV vs DBO | |
| United States 12 Month Oil Fund LP | -0.21 | -0.21 | -0.21 | 56 | Oil & Gas | XDIV vs USL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | -0.19 | -0.19 | 98 | Inflation-Protected Bonds | XDIV vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XDIV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XDIV and solid risk/return profiles. The least correlated is Sprott Physical Silver Trust (PSLV) (Financial Services) with a 1Y correlation of 0.28, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sprott Physical Silver Trust | 0.28 | 0.28 | 0.28 | 79 | Financial Services |
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