Looking to diversify beyond XT? The ETFs below have the lowest correlation with XT — 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 XT.
Best Diversifiers for XT
261 ETFs have low correlation with XT (below 0.3), 69 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.06 | 0.07 | 71 | Oil & Gas | XT vs DBE | |
| United States Oil Fund LP | -0.33 | -0.06 | 0.06 | 66 | Oil & Gas | XT vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.05 | 0.06 | 65 | Oil & Gas | XT vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.31 | — | — | 56 | Derivative Income | XT vs USOY | |
| United States Gasoline Fund LP | -0.29 | -0.05 | 0.06 | 69 | Oil & Gas | XT vs UGA |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XT and solid risk/return profiles. The least correlated is D-Wave Quantum Inc (QBTS) (Technology) with a 1Y correlation of 0.43, roughly unchanged from 0.42 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| D-Wave Quantum Inc | 0.43 | 0.42 | — | 59 | Technology |
Build a portfolio that complements XT
Add XT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XT