Looking to diversify beyond XPH? The ETFs below have historically moved differently from XPH, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for XPH
531 ETFs have low correlation with XPH (below 0.3), 93 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.00 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.12 | 0.00 | 66 | Oil & Gas | XPH vs DBE | |
| ProShares Short Bitcoin ETF | -0.27 | -0.26 | — | 51 | Cryptocurrency | XPH vs BITI | |
| United States Gasoline Fund, LP | -0.27 | -0.10 | 0.01 | 83 | Oil & Gas | XPH vs UGA | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.25 | — | — | 69 | Derivative Income | XPH vs WNTR | |
| Invesco DB Oil Fund | -0.25 | -0.10 | 0.00 | 51 | Oil & Gas | XPH vs DBO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for XPH, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.05, down from 0.37 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.05 | 0.31 | 0.37 | 61 | Financial Services | |
| UnitedHealth Group Incorporated | 0.17 | 0.16 | 0.25 | 88 | Healthcare | |
| Johnson & Johnson | 0.29 | 0.35 | 0.36 | 96 | Healthcare | |
| Bristol-Myers Squibb Company | 0.43 | 0.44 | 0.44 | 91 | Healthcare | |
| Novartis AG | 0.45 | 0.41 | 0.42 | 86 | Healthcare |
Build a portfolio that complements XPH
Add XPH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XPH