Looking to diversify beyond AESR? The ETFs below have the lowest correlation with AESR — 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 AESR.
Best Diversifiers for AESR
368 ETFs have low correlation with AESR (below 0.3), 76 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.09 | 0.08 | 71 | Oil & Gas | AESR vs DBE | |
| United States Oil Fund LP | -0.31 | -0.08 | 0.07 | 66 | Oil & Gas | AESR vs USO | |
| United States Brent Oil Fund LP | -0.30 | -0.08 | 0.07 | 65 | Oil & Gas | AESR vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.28 | -0.05 | 0.09 | 56 | Oil & Gas | AESR vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | -0.09 | -0.09 | 56 | Derivative Income | AESR vs USOY |
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