Looking to diversify beyond ODDS? The ETFs below have the lowest correlation with ODDS — 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 ODDS.
Best Diversifiers for ODDS
279 ETFs have low correlation with ODDS (below 0.3), 48 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.02 | 0.06 | 71 | Oil & Gas | ODDS vs DBE | |
| United States Brent Oil Fund LP | -0.24 | -0.02 | 0.05 | 65 | Oil & Gas | ODDS vs BNO | |
| Invesco DB Oil Fund | -0.23 | 0.01 | 0.08 | 65 | Oil & Gas | ODDS vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | 0.06 | 0.13 | 72 | Commodities | ODDS vs GSG | |
| iShares Commodities Select Strategy ETF | -0.17 | 0.06 | 0.12 | 72 | Commodities | ODDS vs COMT |
See all 1199 diversifiers for ODDS
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Diversification Analysis
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