Looking to diversify beyond OALC? The ETFs below have the lowest correlation with OALC — 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 OALC.
Best Diversifiers for OALC
189 ETFs have low correlation with OALC (below 0.3), 47 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 -0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.06 | — | 71 | Oil & Gas | OALC vs DBE | |
| United States Brent Oil Fund LP | -0.27 | -0.05 | 0.06 | 65 | Oil & Gas | OALC vs BNO | |
| Invesco DB Oil Fund | -0.26 | -0.02 | 0.07 | 65 | Oil & Gas | OALC vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | OALC vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | 0.02 | 0.12 | 71 | Commodities | OALC vs GSG |
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