Looking to diversify beyond OCTJ? The ETFs below have the lowest correlation with OCTJ — 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 OCTJ.
Best Diversifiers for OCTJ
293 ETFs have low correlation with OCTJ (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.38, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | -0.31 | -0.31 | 57 | Cryptocurrency | OCTJ vs BITI | |
| Invesco DB Energy Fund | -0.17 | — | — | 53 | Oil & Gas | OCTJ vs DBE | |
| Brookstone Ultra-Short Bond ETF | -0.10 | 0.02 | 0.02 | 99 | Ultrashort Bond | OCTJ vs BAMU | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.09 | -0.06 | -0.06 | 51 | Commodities | OCTJ vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.07 | 0.00 | 0.00 | 51 | Commodities | OCTJ vs DCMT |
See all 1138 diversifiers for OCTJ
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