Looking to diversify beyond OCTB? The ETFs below have the lowest correlation with OCTB — 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 OCTB.
Best Diversifiers for OCTB
0 ETFs have low correlation with OCTB (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares Russell 2000 Dynamic Daily Buffer ETF (RB) (Defined Outcome) with a 1Y correlation of 0.58, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | 0.58 | 0.58 | 0.58 | 96 | Defined Outcome, Small Cap Blend Equities | OCTB vs RB | |
| Innovator Equity Dual Directional 10 Buffer ETF - ... | 0.79 | 0.79 | 0.79 | 85 | Defined Outcome | OCTB vs DDTL | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | 0.86 | 0.86 | 0.86 | 95 | Defined Outcome | OCTB vs ZJAN | |
| Innovator Growth-100 Power Buffer ETF - February | 0.92 | 0.92 | 0.92 | 76 | Defined Outcome | OCTB vs NFEB | |
| Innovator Power Buffer Step-Up Strategy ETF | 0.94 | 0.94 | — | 57 | Defined Outcome | OCTB vs PSTP |
See all 7 diversifiers for OCTB
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements OCTB
Add OCTB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OCTB