Looking to balance out your exposure to XPO? The ETFs below have the lowest correlation with XPO — they tend to move on their own, which can help reduce risk when XPO drops. The stock ideas table highlights individual companies that behave independently from XPO.
Best Diversifiers for XPO
0 ETFs have low correlation with XPO (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.38, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.38 | 0.48 | 0.56 | 67 | S&P 500 | XPO vs VOO | |
| State Street SPDR S&P 500 ETF | 0.38 | 0.48 | 0.56 | 66 | S&P 500 | XPO vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XPO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XPO and solid risk/return profiles. The least correlated is YPF Sociedad Anónima (YPF) (Energy) with a 1Y correlation of -0.01, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| YPF Sociedad Anónima | -0.01 | 0.14 | 0.18 | 78 | Energy | |
| AppLovin Corporation | 0.02 | 0.21 | 0.31 | 58 | Communication Services | |
| Ventas, Inc. | 0.02 | 0.09 | 0.23 | 92 | Real Estate | |
| Apache Corporation | 0.03 | 0.16 | 0.25 | 87 | Energy | |
| Chevron Corporation | 0.03 | 0.10 | 0.18 | 73 | Energy |
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