Looking to diversify beyond XITK? The ETFs below have historically moved differently from XITK, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for XITK
341 ETFs have low correlation with XITK (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, roughly unchanged from -0.40 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.40 | — | 61 | Cryptocurrency | XITK vs BITI | |
| Alpha Architect Tail Risk ETF | -0.25 | -0.06 | — | 56 | Options Trading | XITK vs CAOS | |
| Invesco DB Energy Fund | -0.17 | -0.04 | 0.06 | 72 | Oil & Gas | XITK vs DBE | |
| iShares Core High Dividend ETF | -0.15 | 0.13 | 0.25 | 92 | Dividend, Large Cap Value Equities | XITK vs HDV | |
| United States Brent Oil Fund LP | -0.14 | -0.02 | 0.05 | 52 | Oil & Gas | XITK vs BNO |
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