Looking to diversify beyond DBEZ? The ETFs below have the lowest correlation with DBEZ — 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 DBEZ.
Best Diversifiers for DBEZ
399 ETFs have low correlation with DBEZ (below 0.3), 90 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.40, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.40 | -0.10 | 0.05 | 71 | Oil & Gas | DBEZ vs DBE | |
| United States Oil Fund LP | -0.39 | -0.10 | 0.04 | 66 | Oil & Gas | DBEZ vs USO | |
| United States Brent Oil Fund LP | -0.38 | -0.10 | 0.04 | 65 | Oil & Gas | DBEZ vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.36 | -0.13 | -0.13 | 56 | Derivative Income | DBEZ vs USOY | |
| ProShares Ultra Bloomberg Crude Oil | -0.35 | -0.07 | 0.06 | 54 | Leveraged Commodities | DBEZ vs UCO |
See all 2112 diversifiers for DBEZ
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