Looking to diversify beyond DHSB? The ETFs below have the lowest correlation with DHSB — 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 DHSB.
Best Diversifiers for DHSB
430 ETFs have low correlation with DHSB (below 0.3), 78 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.24, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.24 | -0.12 | -0.12 | 66 | Oil & Gas | DHSB vs USO | |
| Invesco DB Energy Fund | -0.22 | — | — | 71 | Oil & Gas | DHSB vs DBE | |
| United States Gasoline Fund LP | -0.22 | — | — | 69 | Oil & Gas | DHSB vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.22 | -0.08 | -0.08 | 55 | Oil & Gas | DHSB vs OILK | |
| United States Brent Oil Fund LP | -0.22 | -0.10 | -0.10 | 65 | Oil & Gas | DHSB vs BNO |
See all 2108 diversifiers for DHSB
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