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
526 ETFs have low correlation with XSW (below 0.3), 50 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.58, roughly unchanged from -0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.58 | -0.58 | -0.58 | 99 | Leveraged Equities, Semiconductors | XSW vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | -0.49 | -0.49 | 68 | Inverse Equities, Leveraged Equities | XSW vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 70 | Derivative Income | XSW vs WNTR | |
| ProShares Short Bitcoin ETF | -0.41 | -0.41 | -0.43 | 57 | Cryptocurrency | XSW vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | XSW vs SBIT |
See all 1558 diversifiers for XSW
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