Looking to diversify beyond OBTC? The ETFs below have the lowest correlation with OBTC — 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 OBTC.
Best Diversifiers for OBTC
319 ETFs have low correlation with OBTC (below 0.3), 22 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.13, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.13 | -0.05 | 0.03 | 69 | Oil & Gas | OBTC vs DBE | |
| Brookmont Catastrophic Bond ETF | -0.10 | — | — | 94 | Nontraditional Bonds | OBTC vs ILS | |
| United States Brent Oil Fund LP | -0.10 | -0.04 | 0.03 | 62 | Oil & Gas | OBTC vs BNO | |
| Invesco DB Oil Fund | -0.07 | -0.03 | 0.03 | 62 | Oil & Gas | OBTC vs DBO | |
| First Trust Alternative Absolute Return Strategy E... | -0.07 | -0.01 | 0.02 | 89 | Commodities | OBTC vs FAAR |
See all 1071 diversifiers for OBTC
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