Looking to diversify beyond XOUT? The ETFs below have the lowest correlation with XOUT — 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 XOUT.
Best Diversifiers for XOUT
346 ETFs have low correlation with XOUT (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.31 | -0.35 | 52 | Cryptocurrency | XOUT vs BITI | |
| Invesco DB Energy Fund | -0.15 | -0.05 | 0.05 | 57 | Oil & Gas | XOUT vs DBE | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 99 | Ultrashort Bond | XOUT vs BAMU | |
| iShares Core High Dividend ETF | -0.12 | 0.10 | 0.34 | 85 | Dividend, Large Cap Value Equities | XOUT vs HDV | |
| ProShares Ultra Oil & Gas | -0.12 | 0.05 | 0.18 | 53 | Leveraged Equities | XOUT vs DIG |
See all 1157 diversifiers for XOUT
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