Looking to diversify beyond XTRE? The ETFs below have historically moved differently from XTRE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for XTRE
939 ETFs have low correlation with XTRE (below 0.3), 75 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.38, down from -0.24 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.38 | -0.24 | — | 58 | Oil & Gas | XTRE vs DBO | |
| Invesco DB Energy Fund | -0.37 | -0.25 | — | 72 | Oil & Gas | XTRE vs DBE | |
| United States Brent Oil Fund LP | -0.37 | -0.24 | — | 52 | Oil & Gas | XTRE vs BNO | |
| Fidelity Managed Futures ETF | -0.36 | — | — | 88 | Systematic Trend, Actively Managed | XTRE vs FFUT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.33 | -0.21 | — | 67 | Commodities | XTRE vs GSG |
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