Looking to diversify beyond XSW? The ETFs below have the lowest correlation with XSW — 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 XSW.
Best Diversifiers for XSW
404 ETFs have low correlation with XSW (below 0.3), 27 of which are negatively correlated. The least correlated is Breakwave Tanker Shipping ETF (BWET) (Commodities) with a 1Y correlation of -0.12, roughly unchanged from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.12 | -0.04 | — | 98 | Commodities | XSW vs BWET | |
| ProShares UltraShort Yen | -0.11 | -0.02 | -0.02 | 63 | Leveraged Currency | XSW vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | XSW vs CSHP | |
| Brookstone Ultra-Short Bond ETF | -0.09 | — | — | 98 | Ultrashort Bond | XSW vs BAMU | |
| United States Gasoline Fund LP | -0.08 | 0.01 | 0.09 | 55 | Oil & Gas | XSW vs UGA |
See all 1462 diversifiers for XSW
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