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
813 ETFs have low correlation with XLRE (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.25 | -0.19 | 63 | Leveraged Currency | XLRE vs YCS | |
| United States Gasoline Fund LP | -0.13 | -0.07 | 0.01 | 55 | Oil & Gas | XLRE vs UGA | |
| Fidelity Managed Futures ETF | -0.10 | -0.10 | -0.10 | 64 | Systematic Trend | XLRE vs FFUT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.07 | -0.03 | -0.00 | 50 | Commodities | XLRE vs CMDT | |
| First Trust Alternative Absolute Return Strategy E... | -0.06 | -0.03 | -0.03 | 75 | Commodities | XLRE vs FAAR |
To view more results, upgrade your current subscription plan.
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 -0.09, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.09 | 0.08 | 0.23 | 72 | Technology | |
| NVIDIA Corporation | -0.09 | 0.03 | 0.22 | 72 | Technology | |
| CrowdStrike Holdings, Inc. | -0.07 | 0.07 | 0.19 | 65 | Technology | |
| AppLovin Corporation | -0.05 | 0.09 | 0.20 | 60 | Communication Services | |
| Micron Technology, Inc. | -0.04 | 0.07 | 0.19 | 99 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XLRE
Add XLRE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XLRE