Looking to balance out your exposure to XP? The ETFs below have the lowest correlation with XP — they tend to move on their own, which can help reduce risk when XP drops. The stock ideas table highlights individual companies that behave independently from XP.
Best Diversifiers for XP
0 ETFs have low correlation with XP (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.49, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.49 | 0.40 | 0.42 | 70 | S&P 500 | XP vs SPY | |
| Vanguard S&P 500 ETF | 0.49 | 0.39 | 0.42 | 70 | S&P 500 | XP vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XP and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.07, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.07 | 0.07 | 0.12 | 85 | Energy | |
| The Coca-Cola Company | 0.04 | 0.08 | 0.10 | 66 | Consumer Defensive | |
| National Retail Properties, Inc. | 0.05 | 0.13 | 0.18 | 62 | Real Estate |
Build a portfolio that complements XP
Add XP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XP