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Looking to diversify beyond XSMO? The ETFs below have the lowest correlation with XSMO — 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 XSMO.

Best Diversifiers for XSMO

211 ETFs have low correlation with XSMO (below 0.3), 27 of which are negatively correlated.


See all 1582 diversifiers for XSMO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from XSMO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XSMO and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.08, down from 0.31 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Exxon Mobil Corporation-0.080.140.31
68
Energy
Altria Group, Inc.-0.060.090.19
70
Consumer Defensive
The Coca-Cola Company-0.060.060.16
74
Consumer Defensive
Chevron Corporation-0.050.150.32
68
Energy
ConocoPhillips Company-0.020.170.32
61
Energy
See all 124 low-correlation stocks for XSMO

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Diversification Analysis

Build a portfolio that complements XSMO

Add XSMO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with XSMO