Looking to diversify beyond CORP? The ETFs below have historically moved differently from CORP, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CORP
491 ETFs have low correlation with CORP (below 0.3), 111 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, roughly unchanged from -0.46 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.44 | -0.46 | 56 | Leveraged Currency | CORP vs YCS | |
| Invesco DB Energy Fund | -0.44 | -0.23 | -0.13 | 72 | Oil & Gas | CORP vs DBE | |
| United States Brent Oil Fund LP | -0.43 | -0.23 | -0.13 | 52 | Oil & Gas | CORP vs BNO | |
| United States Oil Fund LP | -0.42 | -0.23 | -0.13 | 55 | Oil & Gas | CORP vs USO | |
| Invesco DB Oil Fund | -0.42 | -0.22 | -0.12 | 58 | Oil & Gas | CORP vs DBO |
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