Looking to diversify beyond DVOL? The ETFs below have the lowest correlation with DVOL — 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 DVOL.
Best Diversifiers for DVOL
680 ETFs have low correlation with DVOL (below 0.3), 54 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.20, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.20 | -0.07 | 0.05 | 71 | Oil & Gas | DVOL vs DBE | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.20 | -0.06 | 0.05 | 56 | Oil & Gas | DVOL vs OILK | |
| United States 12 Month Oil Fund LP | -0.19 | -0.06 | 0.06 | 56 | Oil & Gas | DVOL vs USL | |
| United States Gasoline Fund LP | -0.19 | -0.05 | 0.05 | 71 | Oil & Gas | DVOL vs UGA | |
| ProShares Ultra Bloomberg Crude Oil | -0.19 | -0.06 | 0.05 | 56 | Leveraged Commodities | DVOL vs UCO |
See all 2190 diversifiers for DVOL
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