Looking to diversify beyond EES? The ETFs below have the lowest correlation with EES — 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 EES.
Best Diversifiers for EES
340 ETFs have low correlation with EES (below 0.3), 52 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 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.24 | 0.01 | 0.13 | 66 | Oil & Gas | EES vs USO | |
| Invesco DB Energy Fund | -0.24 | 0.01 | 0.14 | 71 | Oil & Gas | EES vs DBE | |
| United States 12 Month Oil Fund LP | -0.23 | 0.04 | 0.15 | 56 | Oil & Gas | EES vs USL | |
| Defiance Oil Enhanced Options Income ETF | -0.23 | — | — | 56 | Derivative Income | EES vs USOY | |
| United States Brent Oil Fund LP | -0.23 | 0.01 | 0.13 | 65 | Oil & Gas | EES vs BNO |
See all 1886 diversifiers for EES
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