Looking to diversify beyond XTAP? The ETFs below have the lowest correlation with XTAP — 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 XTAP.
Best Diversifiers for XTAP
309 ETFs have low correlation with XTAP (below 0.3), 62 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.43, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.42 | -0.42 | 65 | Inverse Equities, Leveraged Equities | XTAP vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.41 | -0.33 | -0.35 | 53 | Cryptocurrency | XTAP vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | XTAP vs WNTR | |
| Invesco DB Energy Fund | -0.24 | -0.07 | 0.10 | 57 | Oil & Gas | XTAP vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | XTAP vs IBIC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XTAP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XTAP and solid risk/return profiles. The least correlated is ASML Holding N.V. (ASML) (Technology) with a 1Y correlation of 0.52, roughly unchanged from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ASML Holding N.V. | 0.52 | 0.52 | 0.60 | 94 | Technology |
Build a portfolio that complements XTAP
Add XTAP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XTAP