Looking to diversify beyond XOMX? The ETFs below have the lowest correlation with XOMX — 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 XOMX.
Best Diversifiers for XOMX
13 ETFs have low correlation with XOMX (below 0.3), 13 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily S&P Biotech Bull 3x Shares | -0.25 | — | — | 94 | Leveraged Equities | XOMX vs LABU | |
| Innovator Growth Accelerated Plus ETF - April | -0.23 | — | — | 97 | Leveraged Equities | XOMX vs QTAP | |
| Direxion Daily S&P 500 Bull 2X ETF | -0.21 | — | — | 51 | Leveraged Equities, S&P 500 | XOMX vs SPUU | |
| Leverage Shares 2X Long TSM Daily ETF | -0.20 | — | — | 67 | Leveraged Equities | XOMX vs TSMG | |
| Innovator U.S. Equity Accelerated Plus ETF | -0.19 | — | — | 98 | Leveraged Equities | XOMX vs XTAP |
See all 13 diversifiers for XOMX
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