Looking to diversify beyond GFEB? The ETFs below have the lowest correlation with GFEB — 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 GFEB.
Best Diversifiers for GFEB
349 ETFs have low correlation with GFEB (below 0.3), 73 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.33, down from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.33 | -0.07 | — | 66 | Oil & Gas | GFEB vs USO | |
| Invesco DB Energy Fund | -0.33 | -0.08 | — | 71 | Oil & Gas | GFEB vs DBE | |
| United States Brent Oil Fund LP | -0.32 | -0.06 | — | 65 | Oil & Gas | GFEB vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.30 | -0.04 | -0.01 | 55 | Oil & Gas | GFEB vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | -0.10 | -0.10 | 56 | Derivative Income | GFEB vs USOY |
See all 2106 diversifiers for GFEB
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