Looking to diversify beyond ESIX? The ETFs below have the lowest correlation with ESIX — 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 ESIX.
Best Diversifiers for ESIX
403 ETFs have low correlation with ESIX (below 0.3), 63 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.29 | -0.01 | 0.06 | 66 | Oil & Gas | ESIX vs USO | |
| Invesco DB Energy Fund | -0.29 | -0.03 | — | 71 | Oil & Gas | ESIX vs DBE | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | 0.02 | — | 55 | Oil & Gas | ESIX vs OILK | |
| United States Brent Oil Fund LP | -0.27 | -0.02 | — | 65 | Oil & Gas | ESIX vs BNO | |
| United States 12 Month Oil Fund LP | -0.26 | 0.01 | 0.08 | 56 | Oil & Gas | ESIX vs USL |
See all 2107 diversifiers for ESIX
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