Looking to diversify beyond XYLG? The ETFs below have historically moved differently from XYLG, 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 XYLG
335 ETFs have low correlation with XYLG (below 0.3), 80 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | — | — | 61 | Inverse Equities, Leveraged Equities | XYLG vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.48 | — | — | 75 | Derivative Income | XYLG vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.48 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | XYLG vs SBIT | |
| ProShares Short Bitcoin ETF | -0.47 | -0.35 | — | 61 | Cryptocurrency | XYLG vs BITI | |
| Alpha Architect Tail Risk ETF | -0.37 | -0.08 | — | 56 | Options Trading | XYLG vs CAOS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for XYLG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.17 | 0.05 | 0.20 | 90 | Consumer Defensive | |
| Jackson Financial Inc. | 0.45 | 0.47 | 0.50 | 81 | Financial Services | |
| Central Securities Corporation | 0.71 | 0.69 | 0.73 | 80 | Financial Services | |
| Abrdn Total Dynamic Dividend Fund | 0.72 | 0.72 | 0.76 | 88 | Financial Services |
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