Looking to diversify beyond AIOO? The ETFs below have the lowest correlation with AIOO — 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 AIOO.
Best Diversifiers for AIOO
449 ETFs have low correlation with AIOO (below 0.3), 28 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.15, roughly unchanged from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.15 | -0.15 | -0.15 | 65 | Oil & Gas | AIOO vs DBO | |
| United States Gasoline Fund LP | -0.12 | -0.12 | -0.12 | 71 | Oil & Gas | AIOO vs UGA | |
| Eaton Vance Ultra-Short Income ETF | -0.04 | -0.04 | -0.04 | 99 | Ultrashort Bond | AIOO vs EVSB | |
| Obra Opportunistic Structured Products ETF | -0.04 | -0.04 | -0.04 | 69 | Multisector Bonds | AIOO vs OOSP | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.03 | -0.03 | -0.03 | 72 | Commodities | AIOO vs COMB |
See all 2072 diversifiers for AIOO
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