Looking to balance out your exposure to XTLB? The ETFs below have the lowest correlation with XTLB — they tend to move on their own, which can help reduce risk when XTLB drops. The stock ideas table highlights individual companies that behave independently from XTLB.
Best Diversifiers for XTLB
1 ETFs have low correlation with XTLB (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Japan Opportunities ETF (OPPJ) (Japan Equities) with a 1Y correlation of 0.06, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Japan Opportunities ETF | 0.06 | 0.04 | 0.04 | 90 | Japan Equities | XTLB vs OPPJ |
Diversification Analysis
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