Looking to diversify beyond XOVR? The ETFs below have the lowest correlation with XOVR — 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 XOVR.
Best Diversifiers for XOVR
320 ETFs have low correlation with XOVR (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookstone Ultra-Short Bond ETF | -0.20 | — | — | 98 | Ultrashort Bond | XOVR vs BAMU | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | -0.03 | -0.03 | 98 | Inflation-Protected Bonds | XOVR vs IBIC | |
| iShares Core High Dividend ETF | -0.15 | 0.10 | 0.27 | 64 | Dividend, Large Cap Value Equities | XOVR vs HDV | |
| ProShares UltraShort Yen | -0.13 | -0.00 | -0.02 | 61 | Leveraged Currency | XOVR vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | XOVR vs USFR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XOVR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XOVR and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.22, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.22 | -0.09 | -0.01 | 63 | Communication Services | |
| Walmart Inc. | -0.16 | 0.10 | 0.19 | 69 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.08 | 0.16 | 0.23 | 82 | Energy | |
| Howmet Aerospace Inc. | 0.29 | 0.43 | 0.46 | 87 | Industrials | |
| JPMorgan Chase & Co. | 0.31 | 0.36 | 0.41 | 69 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XOVR
Add XOVR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XOVR