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
765 ETFs have low correlation with XLRE (below 0.3), 45 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | -0.25 | -0.19 | 61 | Leveraged Currency | XLRE vs YCS | |
| Invesco DB Energy Fund | -0.16 | -0.08 | 0.02 | 71 | Oil & Gas | XLRE vs DBE | |
| United States Gasoline Fund LP | -0.15 | -0.05 | 0.02 | 69 | Oil & Gas | XLRE vs UGA | |
| Invesco DB Oil Fund | -0.15 | -0.07 | 0.02 | 65 | Oil & Gas | XLRE vs DBO | |
| United States Oil Fund LP | -0.15 | -0.08 | 0.01 | 66 | Oil & Gas | XLRE vs USO |
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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 NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.06, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.06 | 0.03 | 0.23 | 78 | Technology | |
| Oracle Corporation | -0.04 | 0.16 | 0.27 | 58 | Technology | |
| CrowdStrike Holdings, Inc. | -0.02 | 0.09 | 0.20 | 70 | Technology | |
| Broadcom Inc. | -0.02 | 0.11 | 0.25 | 84 | Technology | |
| Credo Technology Group Holding Ltd | -0.00 | 0.09 | 0.19 | 85 | Technology |
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