Looking to diversify beyond XLII? The ETFs below have the lowest correlation with XLII — 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 XLII.
Best Diversifiers for XLII
1 ETFs have low correlation with XLII (below 0.3), 0 of which are negatively correlated. The least correlated is FT Energy Income Partners Enhanced Income ETF (EIPI) (Derivative Income) with a 1Y correlation of 0.23, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Energy Income Partners Enhanced Income ETF | 0.23 | 0.23 | 0.23 | 75 | Derivative Income | XLII vs EIPI | |
| FT Vest High Yield & Target Income ETF | 0.43 | — | — | 62 | Derivative Income | XLII vs HYTI | |
| YieldMax TSM Option Income Strategy ETF | 0.44 | 0.44 | 0.44 | 88 | Derivative Income | XLII vs TSMY | |
| Main Buywrite ETF | 0.49 | 0.49 | 0.49 | 71 | Derivative Income | XLII vs BUYW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 0.55 | 0.55 | 0.55 | 97 | Derivative Income, Semiconductors | XLII vs CHPY |
See all 8 diversifiers for XLII
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