Looking to diversify beyond XYLG? The ETFs below have the lowest correlation with XYLG — 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 XYLG.
Best Diversifiers for XYLG
290 ETFs have low correlation with XYLG (below 0.3), 59 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 -0.50, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | -0.45 | -0.45 | 68 | Inverse Equities, Leveraged Equities | XYLG vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 70 | Derivative Income | XYLG vs WNTR | |
| ProShares Short Bitcoin ETF | -0.47 | -0.35 | -0.36 | 57 | Cryptocurrency | XYLG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | XYLG vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.29 | -0.22 | -0.29 | 51 | Currency | XYLG vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XYLG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XYLG and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.17 | 0.05 | 0.21 | 83 | Consumer Defensive | |
| Jackson Financial Inc. | 0.44 | 0.48 | 0.50 | 81 | Financial Services | |
| Central Securities Corp. | 0.69 | 0.69 | 0.73 | 82 | Financial Services | |
| Abrdn Total Dynamic Dividend Fund | 0.70 | 0.71 | 0.76 | 87 | Financial Services |
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