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Looking to diversify beyond XYLD? The ETFs below have the lowest correlation with XYLD — 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 XYLD.

Best Diversifiers for XYLD

234 ETFs have low correlation with XYLD (below 0.3), 28 of which are negatively correlated.


See all 1585 diversifiers for XYLD

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from XYLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XYLD and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.18, down from 0.10 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.18-0.010.10
70
Consumer Defensive
Chevron Corporation-0.140.070.19
68
Energy
Exxon Mobil Corporation-0.140.050.16
68
Energy
ConocoPhillips Company-0.120.070.18
61
Energy
Duke Energy Corporation-0.100.010.11
62
Utilities
See all 139 low-correlation stocks for XYLD

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Diversification Analysis

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