Looking to diversify beyond XSOE? The ETFs below have historically moved differently from XSOE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for XSOE
386 ETFs have low correlation with XSOE (below 0.3), 88 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.33 | — | 51 | Cryptocurrency | XSOE vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | — | — | 69 | Derivative Income | XSOE vs WNTR | |
| Invesco DB Energy Fund | -0.27 | -0.02 | 0.09 | 66 | Oil & Gas | XSOE vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | -0.02 | -0.02 | 98 | Inflation-Protected Bonds | XSOE vs IBIC | |
| YieldMax XOM Option Income Strategy ETF | -0.23 | 0.01 | 0.01 | 52 | Derivative Income, Dividend | XSOE vs XOMO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XSOE
Add XSOE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XSOE