Looking to balance out your exposure to XRX? The ETFs below have the lowest correlation with XRX — they tend to move on their own, which can help reduce risk when XRX drops. The stock ideas table highlights individual companies that behave independently from XRX.
Best Diversifiers for XRX
0 ETFs have low correlation with XRX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.31, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.31 | 0.29 | 0.37 | 76 | Technology Equities | XRX vs VGT | |
| Schwab U.S. Dividend Equity ETF | 0.36 | 0.41 | 0.50 | 80 | Dividend | XRX vs SCHD | |
| Vanguard S&P 500 ETF | 0.39 | 0.37 | 0.45 | 70 | S&P 500 | XRX vs VOO | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.37 | 0.45 | 70 | S&P 500 | XRX vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XRX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.07, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.07 | 0.11 | 0.22 | 85 | Energy |
Build a portfolio that complements XRX
Add XRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XRX