Looking to diversify beyond AFMC? The ETFs below have the lowest correlation with AFMC — 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 AFMC.
Best Diversifiers for AFMC
377 ETFs have low correlation with AFMC (below 0.3), 63 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.03 | 0.12 | 71 | Oil & Gas | AFMC vs DBE | |
| United States Oil Fund LP | -0.25 | -0.03 | 0.12 | 66 | Oil & Gas | AFMC vs USO | |
| United States Brent Oil Fund LP | -0.24 | -0.02 | 0.11 | 65 | Oil & Gas | AFMC vs BNO | |
| United States Gasoline Fund LP | -0.23 | -0.02 | 0.11 | 69 | Oil & Gas | AFMC vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.22 | 0.01 | 0.14 | 55 | Oil & Gas | AFMC vs OILK |
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