Looking to diversify beyond BUFQ? The ETFs below have the lowest correlation with BUFQ — 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 BUFQ.
Best Diversifiers for BUFQ
426 ETFs have low correlation with BUFQ (below 0.3), 86 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.29, down from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.29 | -0.07 | — | 66 | Oil & Gas | BUFQ vs USO | |
| Invesco DB Energy Fund | -0.29 | -0.07 | — | 71 | Oil & Gas | BUFQ vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.27 | — | — | 56 | Derivative Income | BUFQ vs USOY | |
| United States Brent Oil Fund LP | -0.27 | -0.06 | — | 65 | Oil & Gas | BUFQ vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | -0.04 | — | 55 | Oil & Gas | BUFQ vs OILK |
See all 2114 diversifiers for BUFQ
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