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
252 ETFs have low correlation with XSMO (below 0.3), 42 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 60 | Inverse Equities, Leveraged Equities | XSMO vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 65 | Derivative Income | XSMO vs WNTR | |
| United States Gasoline Fund LP | -0.18 | -0.02 | 0.14 | 72 | Oil & Gas | XSMO vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | XSMO vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | XSMO vs USFR |
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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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.12 | 0.04 | 0.16 | 82 | Consumer Defensive | |
| Chevron Corporation | -0.11 | 0.14 | 0.33 | 67 | Energy | |
| Exxon Mobil Corporation | -0.10 | 0.12 | 0.30 | 71 | Energy | |
| Verizon Communications Inc. | -0.10 | 0.05 | 0.13 | 54 | Communication Services | |
| Occidental Petroleum Corporation | -0.09 | 0.16 | 0.33 | 60 | Energy |
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