Looking to diversify beyond METV? The ETFs below have the lowest correlation with METV — 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 METV.
Best Diversifiers for METV
326 ETFs have low correlation with METV (below 0.3), 70 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.25, 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 | -0.25 | -0.04 | 0.06 | 66 | Oil & Gas | METV vs USO | |
| Invesco DB Energy Fund | -0.25 | -0.05 | 0.06 | 71 | Oil & Gas | METV vs DBE | |
| United States Brent Oil Fund LP | -0.23 | -0.03 | 0.06 | 65 | Oil & Gas | METV vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.22 | -0.01 | 0.07 | 55 | Oil & Gas | METV vs OILK | |
| United States Gasoline Fund LP | -0.20 | -0.04 | 0.06 | 69 | Oil & Gas | METV vs UGA |
See all 1592 diversifiers for METV
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Diversification Analysis
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