Looking to balance out your exposure to XHR? The ETFs below have the lowest correlation with XHR — they tend to move on their own, which can help reduce risk when XHR drops. The stock ideas table highlights individual companies that behave independently from XHR.
Best Diversifiers for XHR
1 ETFs have low correlation with XHR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.24, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.24 | 0.35 | 0.45 | 74 | Nasdaq-100 | XHR vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XHR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XHR and solid risk/return profiles. The least correlated is Marathon Petroleum Corporation (MPC) (Energy) with a 1Y correlation of 0.18, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marathon Petroleum Corporation | 0.18 | 0.25 | 0.34 | 88 | Energy | |
| Inventrust Properties Corp | 0.43 | 0.46 | 0.46 | 77 | Real Estate |
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