Looking to diversify beyond BATT? The ETFs below have the lowest correlation with BATT — 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 BATT.
Best Diversifiers for BATT
447 ETFs have low correlation with BATT (below 0.3), 58 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.22 | 0.05 | 0.13 | 66 | Oil & Gas | BATT vs USO | |
| United States Gasoline Fund LP | -0.22 | 0.03 | 0.12 | 69 | Oil & Gas | BATT vs UGA | |
| Invesco DB Energy Fund | -0.21 | 0.05 | 0.14 | 71 | Oil & Gas | BATT vs DBE | |
| United States Brent Oil Fund LP | -0.21 | 0.06 | 0.13 | 65 | Oil & Gas | BATT vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.20 | — | — | 56 | Derivative Income | BATT vs USOY |
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