Looking to diversify beyond DBEU? The ETFs below have the lowest correlation with DBEU — 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 DBEU.
Best Diversifiers for DBEU
406 ETFs have low correlation with DBEU (below 0.3), 88 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.35, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.35 | -0.11 | 0.05 | 71 | Oil & Gas | DBEU vs DBE | |
| United States Brent Oil Fund LP | -0.34 | -0.08 | 0.04 | 65 | Oil & Gas | DBEU vs BNO | |
| United States Oil Fund LP | -0.33 | -0.09 | 0.05 | 66 | Oil & Gas | DBEU vs USO | |
| United States 12 Month Oil Fund LP | -0.32 | -0.05 | 0.07 | 56 | Oil & Gas | DBEU vs USL | |
| ProShares Ultra Bloomberg Crude Oil | -0.31 | -0.05 | 0.07 | 54 | Leveraged Commodities | DBEU vs UCO |
See all 2115 diversifiers for DBEU
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