Looking to diversify beyond XSD? The ETFs below have historically moved differently from XSD, 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 XSD
476 ETFs have low correlation with XSD (below 0.3), 82 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.35 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.35 | — | 61 | Cryptocurrency | XSD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | XSD vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 61 | Inverse Equities, Leveraged Equities | XSD vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 75 | Derivative Income | XSD vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.25 | -0.09 | — | 56 | Options Trading | XSD vs CAOS |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for XSD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.34, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.34 | -0.13 | 0.04 | 89 | Financial Services | |
| Duke Energy Corporation | -0.28 | -0.18 | -0.09 | 56 | Utilities | |
| The Coca-Cola Company | -0.26 | -0.12 | -0.00 | 90 | Consumer Defensive | |
| Altria Group, Inc. | -0.26 | -0.12 | -0.04 | 66 | Consumer Defensive | |
| PepsiCo, Inc. | -0.25 | -0.08 | 0.01 | 50 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XSD
Add XSD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XSD