Looking to diversify beyond XPP? The ETFs below have the lowest correlation with XPP — 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 XPP.
Best Diversifiers for XPP
453 ETFs have low correlation with XPP (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.20, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.20 | -0.15 | -0.12 | 63 | Leveraged Currency | XPP vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.16 | 0.03 | 0.03 | 56 | Derivative Income | XPP vs USOY | |
| United States Oil Fund LP | -0.15 | 0.05 | 0.09 | 66 | Oil & Gas | XPP vs USO | |
| United States Brent Oil Fund LP | -0.14 | 0.05 | 0.09 | 65 | Oil & Gas | XPP vs BNO | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | 0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | XPP vs USFR |
See all 1672 diversifiers for XPP
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