Looking to diversify beyond XLRE? The ETFs below have historically moved differently from XLRE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for XLRE
1097 ETFs have low correlation with XLRE (below 0.3), 109 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.26 | -0.19 | 59 | Leveraged Currency | XLRE vs YCS | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.26 | -0.19 | — | 51 | Nontraditional Bonds | XLRE vs RISR | |
| Invesco DB Energy Fund | -0.17 | -0.12 | 0.00 | 66 | Oil & Gas | XLRE vs DBE | |
| United States Gasoline Fund, LP | -0.15 | -0.10 | 0.01 | 83 | Oil & Gas | XLRE vs UGA | |
| Invesco DB Oil Fund | -0.15 | -0.11 | 0.00 | 51 | Oil & Gas | XLRE vs DBO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for XLRE, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.17, down from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.17 | 0.05 | 0.23 | 68 | Technology | |
| Marvell Technology, Inc. | -0.12 | 0.08 | 0.24 | 90 | Technology | |
| Micron Technology, Inc. | -0.11 | 0.05 | 0.19 | 99 | Technology | |
| Nebius Group N.V. | -0.11 | -0.03 | -0.03 | 94 | Communication Services | |
| NVIDIA Corporation | -0.10 | 0.01 | 0.22 | 61 | Technology |
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