Looking to diversify beyond OAEM? The ETFs below have the lowest correlation with OAEM — 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 OAEM.
Best Diversifiers for OAEM
209 ETFs have low correlation with OAEM (below 0.3), 29 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.27 | 0.01 | — | 65 | Oil & Gas | OAEM vs BNO | |
| Invesco DB Energy Fund | -0.27 | 0.00 | — | 71 | Oil & Gas | OAEM vs DBE | |
| Invesco DB Oil Fund | -0.21 | 0.04 | 0.10 | 65 | Oil & Gas | OAEM vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | OAEM vs IBIC | |
| Global X 1-3 Month T-Bill ETF | -0.16 | -0.05 | -0.05 | 100 | Ultrashort Bond | OAEM vs CLIP |
See all 1194 diversifiers for OAEM
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