Looking to diversify beyond XSLV? The ETFs below have the lowest correlation with XSLV — 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 XSLV.
Best Diversifiers for XSLV
472 ETFs have low correlation with XSLV (below 0.3), 36 of which are negatively correlated. The least correlated is PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) (Commodities) with a 1Y correlation of -0.19, down from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.19 | -0.03 | — | 65 | Commodities | XSLV vs CMDT | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.19 | -0.00 | 0.11 | 52 | Commodities | XSLV vs COMB | |
| VanEck CMCI Commodity Strategy ETF | -0.18 | — | — | 66 | Commodities | XSLV vs CMCI | |
| iPath Bloomberg Commodity Index Total Return ETN | -0.18 | -0.00 | 0.12 | 53 | Commodities | XSLV vs DJP | |
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.17 | -0.00 | 0.10 | 52 | Commodities | XSLV vs CMDY |
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