Looking to diversify beyond XSOE? The ETFs below have the lowest correlation with XSOE — 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 XSOE.
Best Diversifiers for XSOE
239 ETFs have low correlation with XSOE (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.27, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.27 | -0.19 | -0.15 | 63 | Leveraged Currency | XSOE vs YCS | |
| United States Gasoline Fund LP | -0.24 | -0.01 | 0.09 | 55 | Oil & Gas | XSOE vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | XSOE vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | XSOE vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | XSOE vs USFR |
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