Looking to diversify beyond XTL? The ETFs below have the lowest correlation with XTL — 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 XTL.
Best Diversifiers for XTL
350 ETFs have low correlation with XTL (below 0.3), 51 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 -0.42, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.38 | -0.38 | 68 | Inverse Equities, Leveraged Equities | XTL vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.41 | -0.32 | -0.35 | 57 | Cryptocurrency | XTL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | XTL vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 70 | Derivative Income | XTL vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.21 | -0.18 | -0.23 | 51 | Currency | XTL vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XTL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XTL and solid risk/return profiles. The least correlated is Macy's, Inc. (M) (Consumer Cyclical) with a 1Y correlation of 0.23, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Macy's, Inc. | 0.23 | 0.36 | 0.45 | 89 | Consumer Cyclical | |
| Sandisk Corporation | 0.40 | — | — | 100 | Technology | |
| Micron Technology, Inc. | 0.41 | 0.42 | 0.49 | 99 | Technology | |
| IREN Limited | 0.42 | 0.42 | 0.39 | 80 | Financial Services | |
| Western Digital Corporation | 0.44 | 0.42 | 0.52 | 99 | Technology |
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Build a portfolio that complements XTL
Add XTL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XTL