Looking to diversify beyond XEMD? The ETFs below have the lowest correlation with XEMD — 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 XEMD.
Best Diversifiers for XEMD
173 ETFs have low correlation with XEMD (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, roughly unchanged from -0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.30 | — | 61 | Leveraged Currency | XEMD vs YCS | |
| VanEck Commodity Strategy ETF | -0.23 | -0.02 | — | 55 | Commodities | XEMD vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.23 | -0.08 | — | 70 | Commodities | XEMD vs FAAR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | XEMD vs IBIC | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.20 | 0.02 | 0.09 | 53 | Commodities | XEMD vs FTGC |
See all 1576 diversifiers for XEMD
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