Looking to diversify beyond XITK? The ETFs below have the lowest correlation with XITK — 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 XITK.
Best Diversifiers for XITK
287 ETFs have low correlation with XITK (below 0.3), 47 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | -0.03 | 0.07 | 71 | Oil & Gas | XITK vs DBE | |
| United States Brent Oil Fund LP | -0.18 | -0.02 | 0.06 | 65 | Oil & Gas | XITK vs BNO | |
| Invesco DB Oil Fund | -0.16 | 0.00 | 0.07 | 65 | Oil & Gas | XITK vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | 0.04 | 0.10 | 72 | Commodities | XITK vs GSG | |
| iShares Commodities Select Strategy ETF | -0.14 | 0.04 | 0.10 | 72 | Commodities | XITK vs COMT |
See all 1211 diversifiers for XITK
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