Looking to diversify beyond BUL? The ETFs below have the lowest correlation with BUL — 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 BUL.
Best Diversifiers for BUL
361 ETFs have low correlation with BUL (below 0.3), 62 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.35, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.35 | 0.03 | 0.15 | 66 | Oil & Gas | BUL vs USO | |
| Invesco DB Energy Fund | -0.34 | 0.03 | 0.16 | 71 | Oil & Gas | BUL vs DBE | |
| United States Brent Oil Fund LP | -0.33 | 0.04 | 0.15 | 65 | Oil & Gas | BUL vs BNO | |
| United States Gasoline Fund LP | -0.32 | 0.02 | 0.12 | 69 | Oil & Gas | BUL vs UGA | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | -0.06 | -0.06 | 56 | Derivative Income | BUL vs USOY |
See all 2115 diversifiers for BUL
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