Looking to diversify beyond OBOR? The ETFs below have historically moved differently from OBOR, 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 OBOR
353 ETFs have low correlation with OBOR (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.28, roughly unchanged from -0.24 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.28 | -0.24 | — | 61 | Cryptocurrency | OBOR vs BITI | |
| Alpha Architect Tail Risk ETF | -0.18 | -0.05 | — | 56 | Options Trading | OBOR vs CAOS | |
| Invesco DB Energy Fund | -0.17 | 0.02 | 0.12 | 72 | Oil & Gas | OBOR vs DBE | |
| United States Brent Oil Fund LP | -0.16 | 0.01 | 0.11 | 52 | Oil & Gas | OBOR vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | OBOR vs IBIC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for OBOR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 0.17 | — | — | 92 | Communication Services |
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