Looking to balance out your exposure to XOM? The ETFs below have the lowest correlation with XOM — they tend to move on their own, which can help reduce risk when XOM drops. The stock ideas table highlights individual companies that behave independently from XOM.
Best Diversifiers for XOM
294 ETFs have low correlation with XOM (below 0.3), 235 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth ETF (FBCG) (Large Cap Growth Equities) with a 1Y correlation of -0.26, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth ETF | -0.26 | -0.08 | 0.10 | 57 | Large Cap Growth Equities | XOM vs FBCG | |
| Vanguard S&P 500 Growth ETF | -0.25 | -0.06 | 0.11 | 58 | S&P 500, Large Cap Growth Equities | XOM vs VOOG | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | -0.24 | — | — | 74 | Nasdaq-100, Options Trading, Dividend | XOM vs QQQY | |
| Vanguard Short-Term Corporate Bond ETF | -0.24 | -0.07 | -0.04 | 74 | Corporate Bonds | XOM vs VCSH | |
| SPDR Portfolio Short Term Corporate Bond ETF | -0.23 | -0.05 | -0.04 | 92 | Corporate Bonds | XOM vs SPSB |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XOM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XOM and solid risk/return profiles. The least correlated is Safran SA (SAFRY) (Industrials) with a 1Y correlation of -0.28, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Safran SA | -0.28 | -0.11 | 0.08 | 53 | Industrials | |
| American Airlines Group Inc. | -0.26 | -0.06 | 0.09 | 51 | Industrials | |
| GRAIL, Inc | -0.25 | -0.07 | -0.07 | 62 | Healthcare | |
| CRH plc | -0.20 | -0.01 | 0.13 | 56 | Basic Materials | |
| Delta Air Lines, Inc. | -0.19 | -0.02 | 0.13 | 80 | Industrials |
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