Looking to diversify beyond LBO? The ETFs below have the lowest correlation with LBO — 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 LBO.
Best Diversifiers for LBO
545 ETFs have low correlation with LBO (below 0.3), 71 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.17 | — | — | 71 | Oil & Gas | LBO vs DBE | |
| Breakwave Tanker Shipping ETF | -0.15 | — | — | 99 | Commodities | LBO vs BWET | |
| United States Oil Fund LP | -0.15 | — | — | 66 | Oil & Gas | LBO vs USO | |
| Invesco DB Oil Fund | -0.14 | — | — | 65 | Oil & Gas | LBO vs DBO | |
| Cambria Tactical Yield ETF | -0.13 | — | — | 99 | LBO vs TYLD |
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