Looking to diversify beyond DOCT? The ETFs below have the lowest correlation with DOCT — 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 DOCT.
Best Diversifiers for DOCT
382 ETFs have low correlation with DOCT (below 0.3), 86 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.09 | 0.03 | 66 | Oil & Gas | DOCT vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.08 | 0.04 | 71 | Oil & Gas | DOCT vs DBE | |
| United States Brent Oil Fund LP | -0.30 | -0.08 | 0.03 | 65 | Oil & Gas | DOCT vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | -0.10 | -0.10 | 56 | Derivative Income | DOCT vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.28 | -0.06 | 0.05 | 56 | Oil & Gas | DOCT vs OILK |
See all 2184 diversifiers for DOCT
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