Looking to diversify beyond XOEX? The ETFs below have the lowest correlation with XOEX — 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 XOEX.
Best Diversifiers for XOEX
160 ETFs have low correlation with XOEX (below 0.3), 23 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.32 | -0.31 | 57 | Cryptocurrency | XOEX vs BITI | |
| Invesco DB Energy Fund | -0.23 | -0.07 | 0.03 | 53 | Oil & Gas | XOEX vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | -0.01 | 0.09 | 51 | Commodities | XOEX vs GSG | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | XOEX vs IBIC | |
| DoubleLine Commodity Strategy ETF | -0.11 | -0.01 | -0.01 | 51 | Commodities | XOEX vs DCMT |
See all 1156 diversifiers for XOEX
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