Looking to diversify beyond COII? The ETFs below have the lowest correlation with COII — 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 COII.
Best Diversifiers for COII
626 ETFs have low correlation with COII (below 0.3), 44 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (ISCMF) (Commodities) with a 1Y correlation of -0.09, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.09 | -0.09 | -0.09 | 83 | Commodities | COII vs ISCMF | |
| United States Brent Oil Fund LP | -0.07 | -0.07 | -0.07 | 65 | Oil & Gas | COII vs BNO | |
| United States Gasoline Fund LP | -0.07 | -0.07 | -0.07 | 69 | Oil & Gas | COII vs UGA | |
| Breakwave Tanker Shipping ETF | -0.05 | -0.05 | -0.05 | 99 | Commodities | COII vs BWET | |
| Brookstone Ultra-Short Bond ETF | -0.05 | -0.05 | -0.05 | 98 | Ultrashort Bond | COII vs BAMU |
See all 2092 diversifiers for COII
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