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
277 ETFs have low correlation with XYLD (below 0.3), 43 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 -0.46, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | -0.40 | -0.40 | 60 | Inverse Equities, Leveraged Equities | XYLD vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 65 | Derivative Income | XYLD vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | XYLD vs IBIC | |
| United States Gasoline Fund LP | -0.19 | -0.03 | 0.07 | 72 | Oil & Gas | XYLD vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | XYLD vs RBIL |
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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 -0.21, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.21 | -0.03 | 0.10 | 79 | Consumer Defensive | |
| Duke Energy Corporation | -0.20 | -0.02 | 0.12 | 63 | Utilities | |
| Chevron Corporation | -0.18 | 0.06 | 0.20 | 67 | Energy | |
| Verizon Communications Inc. | -0.18 | -0.01 | 0.10 | 54 | Communication Services | |
| Chubb Limited | -0.17 | 0.07 | 0.25 | 83 | Financial Services |
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