Looking to diversify beyond ASLV? The ETFs below have the lowest correlation with ASLV — 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 ASLV.
Best Diversifiers for ASLV
348 ETFs have low correlation with ASLV (below 0.3), 48 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.26 | — | — | 67 | Leveraged Currency | ASLV vs YCS | |
| Invesco DB Energy Fund | -0.25 | — | — | 71 | Oil & Gas | ASLV vs DBE | |
| United States Oil Fund LP | -0.23 | — | — | 66 | Oil & Gas | ASLV vs USO | |
| United States Brent Oil Fund LP | -0.22 | — | — | 65 | Oil & Gas | ASLV vs BNO | |
| United States 12 Month Oil Fund LP | -0.22 | — | — | 56 | Oil & Gas | ASLV vs USL |
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