Looking to diversify beyond XRLV? The ETFs below have the lowest correlation with XRLV — 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 XRLV.
Best Diversifiers for XRLV
1049 ETFs have low correlation with XRLV (below 0.3), 188 of which are negatively correlated. The least correlated is NestYield Visionary ETF (EGGQ) (Derivative Income) with a 1Y correlation of -0.20, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NestYield Visionary ETF | -0.20 | -0.10 | -0.10 | 53 | Derivative Income | XRLV vs EGGQ | |
| Alger AI Enablers & Adopters ETF | -0.18 | — | — | 70 | Technology Equities | XRLV vs ALAI | |
| First Trust Bloomberg Artificial Intelligence ETF | -0.18 | — | — | 82 | Technology Equities | XRLV vs FAI | |
| Roundhill Generative AI & Technology ETF | -0.18 | 0.03 | — | 94 | Technology Equities | XRLV vs CHAT | |
| Defiance Daily Target 2X Long AVGO ETF | -0.17 | -0.05 | -0.05 | 50 | Leveraged Equities | XRLV vs AVGX |
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