Looking to diversify beyond XRPI? The ETFs below have historically moved differently from XRPI, 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 XRPI
2 ETFs have low correlation with XRPI (below 0.3), 2 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.86 | — | — | 61 | Cryptocurrency | XRPI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.86 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | XRPI vs SBIT | |
| CoinShares Bitcoin Miners ETF | 0.44 | — | — | 51 | Cryptocurrency, Blockchain | XRPI vs WGMI | |
| Grayscale Zcash Trust (ZEC) | 0.47 | — | — | 96 | Cryptocurrency | XRPI vs ZCSH |
Diversification Analysis
Build a portfolio that complements XRPI
Add XRPI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XRPI