Looking to diversify beyond XMHQ? The ETFs below have the lowest correlation with XMHQ — 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 XMHQ.
Best Diversifiers for XMHQ
193 ETFs have low correlation with XMHQ (below 0.3), 26 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | XMHQ vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | XMHQ vs USFR | |
| ProShares UltraShort Yen | -0.16 | -0.06 | -0.02 | 61 | Leveraged Currency | XMHQ vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | 0.03 | 0.03 | 99 | Ultrashort Bond | XMHQ vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.11 | 0.00 | 0.03 | 70 | Commodities | XMHQ vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XMHQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XMHQ and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.14 | 0.04 | 0.18 | 70 | Consumer Defensive | |
| The Coca-Cola Company | -0.10 | 0.06 | 0.17 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.08 | 0.17 | 0.30 | 68 | Energy | |
| Duke Energy Corporation | -0.07 | 0.06 | 0.11 | 62 | Utilities | |
| Petróleo Brasileiro S.A. - Petrobras | -0.05 | 0.15 | 0.19 | 73 | Energy |
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