Looking to diversify beyond XLSR? The ETFs below have historically moved differently from XLSR, 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 XLSR
354 ETFs have low correlation with XLSR (below 0.3), 89 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 61 | Inverse Equities, Leveraged Equities | XLSR vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.44 | — | — | 75 | Derivative Income | XLSR vs WNTR | |
| ProShares Short Bitcoin ETF | -0.43 | -0.35 | — | 61 | Cryptocurrency | XLSR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | XLSR vs SBIT | |
| Alpha Architect Tail Risk ETF | -0.37 | -0.06 | — | 56 | Options Trading | XLSR vs CAOS |
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