Looking to diversify beyond XPH? The ETFs below have the lowest correlation with XPH — 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 XPH.
Best Diversifiers for XPH
475 ETFs have low correlation with XPH (below 0.3), 57 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.29 | -0.10 | 0.01 | 72 | Oil & Gas | XPH vs UGA | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | — | — | 60 | Inverse Equities, Leveraged Equities | XPH vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.26 | — | — | 65 | Derivative Income | XPH vs WNTR | |
| ProShares UltraShort Yen | -0.25 | -0.10 | -0.08 | 75 | Leveraged Currency | XPH vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.21 | -0.06 | 0.05 | 51 | Commodities | XPH vs PDBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XPH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XPH and solid risk/return profiles. The least correlated is UnitedHealth Group Incorporated (UNH) (Healthcare) with a 1Y correlation of 0.17, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UnitedHealth Group Incorporated | 0.17 | 0.16 | 0.25 | 76 | Healthcare | |
| Novartis AG | 0.44 | 0.40 | 0.41 | 80 | Healthcare | |
| Bristol-Myers Squibb Company | 0.48 | 0.45 | 0.44 | 73 | Healthcare |
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