Looking to diversify beyond XSHQ? The ETFs below have the lowest correlation with XSHQ — 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 XSHQ.
Best Diversifiers for XSHQ
267 ETFs have low correlation with XSHQ (below 0.3), 57 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.34 | -0.32 | -0.36 | 57 | Cryptocurrency | XSHQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.34 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | XSHQ vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | -0.35 | -0.35 | 68 | Inverse Equities, Leveraged Equities | XSHQ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 70 | Derivative Income | XSHQ vs WNTR | |
| Invesco DB Energy Fund | -0.29 | -0.02 | 0.12 | 53 | Oil & Gas | XSHQ vs DBE |
See all 1558 diversifiers for XSHQ
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