Looking to diversify beyond XLRE? The ETFs below have the lowest correlation with XLRE — 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 XLRE.
Best Diversifiers for XLRE
946 ETFs have low correlation with XLRE (below 0.3), 84 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.56, roughly unchanged from -0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.56 | -0.56 | -0.56 | 99 | Leveraged Equities, Semiconductors | XLRE vs MUU | |
| ProShares UltraShort Yen | -0.37 | -0.26 | -0.19 | 72 | Leveraged Currency | XLRE vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.29 | -0.28 | -0.30 | 51 | Currency | XLRE vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.16 | — | — | 68 | Inverse Equities, Leveraged Equities | XLRE vs MSTZ | |
| Invesco DB Energy Fund | -0.16 | -0.11 | 0.00 | 53 | Oil & Gas | XLRE vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XLRE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XLRE and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.14, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.14 | 0.07 | 0.25 | 71 | Technology | |
| NVIDIA Corporation | -0.11 | 0.02 | 0.22 | 65 | Technology | |
| CrowdStrike Holdings, Inc. | -0.11 | 0.06 | 0.20 | 77 | Technology | |
| Micron Technology, Inc. | -0.08 | 0.06 | 0.20 | 99 | Technology | |
| Nebius Group N.V. | -0.08 | 0.00 | 0.00 | 96 | Communication Services |
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