Looking to diversify beyond ITAN? The ETFs below have the lowest correlation with ITAN — 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 ITAN.
Best Diversifiers for ITAN
268 ETFs have low correlation with ITAN (below 0.3), 48 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.08 | — | 71 | Oil & Gas | ITAN vs DBE | |
| United States Oil Fund LP | -0.32 | -0.07 | — | 66 | Oil & Gas | ITAN vs USO | |
| United States Brent Oil Fund LP | -0.30 | -0.07 | 0.07 | 65 | Oil & Gas | ITAN vs BNO | |
| United States 12 Month Oil Fund LP | -0.29 | -0.04 | — | 56 | Oil & Gas | ITAN vs USL | |
| Invesco DB Oil Fund | -0.28 | -0.05 | 0.08 | 65 | Oil & Gas | ITAN vs DBO |
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