Looking to diversify beyond OBOR? The ETFs below have the lowest correlation with OBOR — 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 OBOR.
Best Diversifiers for OBOR
309 ETFs have low correlation with OBOR (below 0.3), 33 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.21 | 0.03 | 0.12 | 65 | Oil & Gas | OBOR vs BNO | |
| Invesco DB Energy Fund | -0.20 | 0.04 | 0.14 | 71 | Oil & Gas | OBOR vs DBE | |
| Invesco DB Oil Fund | -0.19 | 0.04 | 0.13 | 65 | Oil & Gas | OBOR vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | 0.05 | 0.05 | 98 | Inflation-Protected Bonds | OBOR vs IBIC | |
| TCW AAA CLO ETF | -0.14 | — | — | 99 | CLO | OBOR vs ACLO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OBOR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OBOR and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 0.16 | — | — | 97 | Communication Services |
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