Looking to diversify beyond BUFT? The ETFs below have the lowest correlation with BUFT — 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 BUFT.
Best Diversifiers for BUFT
427 ETFs have low correlation with BUFT (below 0.3), 79 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.04 | — | 71 | Oil & Gas | BUFT vs DBE | |
| United States Oil Fund LP | -0.25 | -0.02 | 0.08 | 66 | Oil & Gas | BUFT vs USO | |
| United States Brent Oil Fund LP | -0.25 | -0.02 | — | 65 | Oil & Gas | BUFT vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.23 | -0.00 | 0.09 | 55 | Oil & Gas | BUFT vs OILK | |
| Invesco DB Oil Fund | -0.23 | -0.00 | 0.08 | 65 | Oil & Gas | BUFT vs DBO |
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