Looking to diversify beyond XMAG? The ETFs below have the lowest correlation with XMAG — 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 XMAG.
Best Diversifiers for XMAG
186 ETFs have low correlation with XMAG (below 0.3), 17 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | — | — | 61 | Leveraged Currency | XMAG vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | XMAG vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | — | — | 100 | Government Bonds, Ultrashort Bond | XMAG vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 99 | Ultrashort Bond | XMAG vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.08 | — | — | 95 | Inflation-Protected Bonds | XMAG vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XMAG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XMAG and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | -0.02 | -0.02 | 70 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.04 | 0.11 | 0.11 | 68 | Energy | |
| ConocoPhillips Company | -0.00 | 0.13 | 0.13 | 61 | Energy | |
| Chevron Corporation | 0.00 | 0.12 | 0.12 | 68 | Energy | |
| BP p.l.c. | 0.01 | 0.08 | 0.08 | 76 | Energy |
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