Looking to diversify beyond XOEF? The ETFs below have historically moved differently from XOEF, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for XOEF
172 ETFs have low correlation with XOEF (below 0.3), 24 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | — | — | 61 | Cryptocurrency | XOEF vs BITI | |
| Alpha Architect Tail Risk ETF | -0.34 | — | — | 56 | Options Trading | XOEF vs CAOS | |
| Invesco DB Energy Fund | -0.25 | — | — | 72 | Oil & Gas | XOEF vs DBE | |
| United States Brent Oil Fund LP | -0.21 | — | — | 52 | Oil & Gas | XOEF vs BNO | |
| Invesco DB Oil Fund | -0.20 | — | — | 58 | Oil & Gas | XOEF vs DBO |
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