Looking to diversify beyond XDTE? The ETFs below have the lowest correlation with XDTE — 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 XDTE.
Best Diversifiers for XDTE
288 ETFs have low correlation with XDTE (below 0.3), 65 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | — | — | 71 | Oil & Gas | XDTE vs DBE | |
| United States Oil Fund LP | -0.31 | -0.10 | -0.10 | 66 | Oil & Gas | XDTE vs USO | |
| United States Brent Oil Fund LP | -0.30 | — | — | 65 | Oil & Gas | XDTE vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.28 | -0.06 | -0.06 | 55 | Oil & Gas | XDTE vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | XDTE vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XDTE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XDTE and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.20, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.20 | -0.09 | -0.09 | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.15 | 0.04 | 0.04 | 85 | Energy | |
| Duke Energy Corporation | -0.13 | -0.09 | -0.09 | 53 | Utilities | |
| The Coca-Cola Company | -0.12 | -0.03 | -0.03 | 66 | Consumer Defensive | |
| Chevron Corporation | -0.11 | 0.06 | 0.06 | 83 | Energy |
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