Looking to diversify beyond CORB? The ETFs below have the lowest correlation with CORB — 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 CORB.
Best Diversifiers for CORB
410 ETFs have low correlation with CORB (below 0.3), 87 of which are negatively correlated. The least correlated is Defiance Oil Enhanced Options Income ETF (USOY) (Derivative Income) with a 1Y correlation of -0.44, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | -0.44 | -0.44 | -0.44 | 56 | Derivative Income | CORB vs USOY | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.43 | -0.43 | -0.43 | 63 | Commodities | CORB vs USOI | |
| DoubleLine Commodity Strategy ETF | -0.41 | -0.41 | -0.41 | 74 | Commodities | CORB vs DCMT | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.40 | -0.40 | -0.40 | 76 | Commodities | CORB vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.40 | -0.40 | -0.40 | 77 | Commodities | CORB vs DBC |
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