Looking to diversify beyond XLG? The ETFs below have the lowest correlation with XLG — 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 XLG.
Best Diversifiers for XLG
273 ETFs have low correlation with XLG (below 0.3), 37 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | XLG vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 98 | Ultrashort Bond | XLG vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 95 | Inflation-Protected Bonds | XLG vs IBID | |
| ProShares UltraShort Yen | -0.14 | 0.02 | 0.00 | 61 | Leveraged Currency | XLG vs YCS | |
| VanEck Energy Income ETF | -0.13 | 0.15 | 0.31 | 57 | Energy Equities | XLG vs EINC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XLG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XLG and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.25, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.25 | -0.11 | 0.03 | 62 | Utilities | |
| Exxon Mobil Corporation | -0.22 | -0.04 | 0.09 | 68 | Energy | |
| Altria Group, Inc. | -0.22 | -0.07 | 0.05 | 70 | Consumer Defensive | |
| The Southern Company | -0.21 | -0.09 | 0.08 | 55 | Utilities | |
| Chevron Corporation | -0.20 | -0.01 | 0.12 | 68 | Energy |
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