Looking to diversify beyond OAEM? The ETFs below have historically moved differently from OAEM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for OAEM
270 ETFs have low correlation with OAEM (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, down from -0.32 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.32 | — | 61 | Cryptocurrency | OAEM vs BITI | |
| Alpha Architect Tail Risk ETF | -0.30 | -0.11 | — | 56 | Options Trading | OAEM vs CAOS | |
| Invesco DB Energy Fund | -0.20 | 0.00 | — | 72 | Oil & Gas | OAEM vs DBE | |
| United States Brent Oil Fund LP | -0.19 | 0.00 | — | 52 | Oil & Gas | OAEM vs BNO | |
| Global X 1-3 Month T-Bill ETF | -0.17 | -0.05 | — | 100 | Ultrashort Bond | OAEM vs CLIP |
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