Looking to diversify beyond XMVM? The ETFs below have the lowest correlation with XMVM — 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 XMVM.
Best Diversifiers for XMVM
414 ETFs have low correlation with XMVM (below 0.3), 58 of which are negatively correlated. The least correlated is United States 12 Month Oil Fund LP (USL) (Oil & Gas) with a 1Y correlation of -0.19, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States 12 Month Oil Fund LP | -0.19 | 0.07 | 0.19 | 56 | Oil & Gas | XMVM vs USL | |
| Invesco DB Energy Fund | -0.19 | 0.05 | 0.18 | 71 | Oil & Gas | XMVM vs DBE | |
| United States Brent Oil Fund LP | -0.19 | 0.06 | 0.17 | 65 | Oil & Gas | XMVM vs BNO | |
| United States Oil Fund LP | -0.19 | 0.05 | 0.18 | 66 | Oil & Gas | XMVM vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.18 | 0.08 | 0.19 | 55 | Oil & Gas | XMVM vs OILK |
See all 1603 diversifiers for XMVM
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