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
256 ETFs have low correlation with XT (below 0.3), 58 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | — | — | 68 | Inverse Equities, Leveraged Equities | XT vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.49 | -0.39 | -0.42 | 57 | Cryptocurrency | XT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.49 | -0.45 | -0.45 | 52 | Cryptocurrency, Leveraged Cryptocurrency | XT vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 70 | Derivative Income | XT vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.37 | -0.34 | -0.38 | 51 | Currency | XT vs UUP |
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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 0.47, roughly unchanged from 0.43 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| D-Wave Quantum Inc | 0.47 | 0.43 | — | 57 | Technology |
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