Looking to diversify beyond XSPI? The ETFs below have the lowest correlation with XSPI — 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 XSPI.
Best Diversifiers for XSPI
167 ETFs have low correlation with XSPI (below 0.3), 73 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.54, roughly unchanged from -0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.54 | -0.54 | -0.54 | 66 | Oil & Gas | XSPI vs USO | |
| Invesco DB Energy Fund | -0.54 | -0.54 | -0.54 | 71 | Oil & Gas | XSPI vs DBE | |
| United States Brent Oil Fund LP | -0.52 | -0.52 | -0.52 | 65 | Oil & Gas | XSPI vs BNO | |
| United States 12 Month Oil Fund LP | -0.50 | -0.50 | -0.50 | 56 | Oil & Gas | XSPI vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.49 | -0.49 | -0.49 | 55 | Oil & Gas | XSPI vs OILK |
See all 1567 diversifiers for XSPI
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