Looking to diversify beyond OCTZ? The ETFs below have historically moved differently from OCTZ, 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 OCTZ
220 ETFs have low correlation with OCTZ (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.37 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.37 | — | 61 | Cryptocurrency | OCTZ vs BITI | |
| Alpha Architect Tail Risk ETF | -0.36 | -0.07 | — | 56 | Options Trading | OCTZ vs CAOS | |
| Invesco DB Energy Fund | -0.28 | -0.09 | 0.07 | 72 | Oil & Gas | OCTZ vs DBE | |
| United States Brent Oil Fund LP | -0.25 | -0.08 | 0.06 | 52 | Oil & Gas | OCTZ vs BNO | |
| Invesco DB Oil Fund | -0.23 | -0.06 | 0.07 | 58 | Oil & Gas | OCTZ vs DBO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements OCTZ
Add OCTZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OCTZ