Looking to diversify beyond XMLV? The ETFs below have the lowest correlation with XMLV — 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 XMLV.
Best Diversifiers for XMLV
715 ETFs have low correlation with XMLV (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.26, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.26 | -0.13 | -0.08 | 63 | Leveraged Currency | XMLV vs YCS | |
| United States Gasoline Fund LP | -0.15 | -0.04 | 0.07 | 55 | Oil & Gas | XMLV vs UGA | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.11 | 0.00 | 0.04 | 50 | Commodities | XMLV vs CMDT | |
| VanEck Commodity Strategy ETF | -0.10 | 0.00 | 0.05 | 57 | Commodities | XMLV vs PIT | |
| iShares Diversified Commodity Swap UCITS ETF | -0.09 | -0.01 | -0.03 | 78 | Commodities | XMLV vs ISCMF |
See all 1462 diversifiers for XMLV
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