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
475 ETFs have low correlation with XPP (below 0.3), 36 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.34 | -0.27 | -0.27 | 52 | Cryptocurrency, Leveraged Cryptocurrency | XPP vs SBIT | |
| ProShares Short Bitcoin ETF | -0.34 | -0.20 | -0.24 | 57 | Cryptocurrency | XPP vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | -0.29 | -0.29 | 68 | Inverse Equities, Leveraged Equities | XPP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | -0.31 | -0.31 | 70 | Derivative Income | XPP vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.29 | -0.30 | -0.31 | 51 | Currency | XPP vs UUP |
See all 1549 diversifiers for XPP
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