Looking to diversify beyond XNTK? The ETFs below have the lowest correlation with XNTK — 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 XNTK.
Best Diversifiers for XNTK
364 ETFs have low correlation with XNTK (below 0.3), 75 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.37 | -0.40 | 57 | Cryptocurrency | XNTK vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 68 | Inverse Equities, Leveraged Equities | XNTK vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.43 | -0.43 | 52 | Cryptocurrency, Leveraged Cryptocurrency | XNTK vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | -0.46 | -0.46 | 70 | Derivative Income | XNTK vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.23 | -0.19 | -0.26 | 51 | Currency | XNTK vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XNTK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XNTK and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.13, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.13 | 0.08 | 0.24 | 53 | Financial Services |
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