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
229 ETFs have low correlation with XTAP (below 0.3), 49 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | -0.06 | 0.10 | 71 | Oil & Gas | XTAP vs DBE | |
| United States Brent Oil Fund LP | -0.28 | -0.06 | 0.08 | 65 | Oil & Gas | XTAP vs BNO | |
| ProShares Ultra Bloomberg Crude Oil | -0.28 | -0.04 | 0.10 | 56 | Leveraged Commodities | XTAP vs UCO | |
| Invesco DB Oil Fund | -0.27 | -0.04 | 0.09 | 65 | Oil & Gas | XTAP vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | -0.00 | 0.14 | 72 | Commodities | XTAP vs GSG |
See all 1253 diversifiers for XTAP
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