Looking to diversify beyond ALIL? The ETFs below have the lowest correlation with ALIL — 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 ALIL.
Best Diversifiers for ALIL
380 ETFs have low correlation with ALIL (below 0.3), 55 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | — | — | 71 | Oil & Gas | ALIL vs DBE | |
| United States Oil Fund LP | -0.27 | -0.22 | -0.22 | 66 | Oil & Gas | ALIL vs USO | |
| United States Brent Oil Fund LP | -0.26 | -0.21 | -0.21 | 65 | Oil & Gas | ALIL vs BNO | |
| United States Gasoline Fund LP | -0.25 | — | — | 69 | Oil & Gas | ALIL vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.25 | -0.19 | -0.19 | 55 | Oil & Gas | ALIL vs OILK |
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