Looking to diversify beyond ABCS? The ETFs below have the lowest correlation with ABCS — 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 ABCS.
Best Diversifiers for ABCS
335 ETFs have low correlation with ABCS (below 0.3), 47 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.22, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.22 | -0.05 | -0.05 | 65 | Oil & Gas | ABCS vs BNO | |
| Invesco DB Energy Fund | -0.22 | -0.07 | -0.07 | 71 | Oil & Gas | ABCS vs DBE | |
| United States 12 Month Oil Fund LP | -0.21 | — | — | 56 | Oil & Gas | ABCS vs USL | |
| United States Oil Fund LP | -0.21 | -0.05 | -0.05 | 66 | Oil & Gas | ABCS vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.20 | -0.04 | -0.04 | 55 | Oil & Gas | ABCS vs OILK |
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