Looking to balance out your exposure to XIACY? The ETFs below have the lowest correlation with XIACY — they tend to move on their own, which can help reduce risk when XIACY drops. The stock ideas table highlights individual companies that behave independently from XIACY.
Best Diversifiers for XIACY
1 ETFs have low correlation with XIACY (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of 0.26, roughly unchanged from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | 0.26 | 0.20 | — | 89 | Leveraged Equities, Semiconductors | XIACY vs USD | |
| State Street SPDR S&P 500 ETF | 0.31 | 0.23 | — | 74 | S&P 500 | XIACY vs SPY | |
| Vanguard S&P 500 ETF | 0.31 | 0.23 | — | 74 | S&P 500 | XIACY vs VOO | |
| VanEck Semiconductor ETF | 0.33 | 0.24 | — | 96 | Semiconductors, Technology Equities | XIACY vs SMH |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XIACY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XIACY and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.00, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.00 | 0.03 | 0.03 | 66 | Consumer Defensive | |
| Entergy Corporation | 0.03 | 0.08 | 0.07 | 86 | Utilities | |
| Boyd Gaming Corporation | 0.06 | 0.15 | 0.20 | 65 | Consumer Cyclical | |
| Eli Lilly and Company | 0.12 | 0.05 | 0.04 | 75 | Healthcare | |
| CrowdStrike Holdings, Inc. | 0.13 | 0.10 | 0.16 | 72 | Technology |
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