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
188 ETFs have low correlation with OALC (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.35 | -0.38 | 57 | Cryptocurrency | OALC vs BITI | |
| Invesco DB Energy Fund | -0.24 | -0.06 | — | 53 | Oil & Gas | OALC vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | OALC vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | OALC vs IBID | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | 0.03 | 0.12 | 51 | Commodities | OALC vs GSG |
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