Looking to diversify beyond CVLC? The ETFs below have the lowest correlation with CVLC — 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 CVLC.
Best Diversifiers for CVLC
362 ETFs have low correlation with CVLC (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 -0.34, down from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.08 | — | 71 | Oil & Gas | CVLC vs DBE | |
| United States Oil Fund LP | -0.33 | -0.08 | -0.04 | 66 | Oil & Gas | CVLC vs USO | |
| United States Brent Oil Fund LP | -0.32 | -0.07 | -0.04 | 65 | Oil & Gas | CVLC vs BNO | |
| United States 12 Month Oil Fund LP | -0.31 | -0.05 | -0.01 | 56 | Oil & Gas | CVLC vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.30 | -0.05 | -0.01 | 56 | Oil & Gas | CVLC vs OILK |
See all 2186 diversifiers for CVLC
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