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
299 ETFs have low correlation with ODDS (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.28, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.28 | -0.32 | -0.36 | 57 | Cryptocurrency | ODDS vs BITI | |
| Invesco DB Energy Fund | -0.19 | -0.02 | — | 53 | Oil & Gas | ODDS vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.11 | 0.06 | 0.13 | 51 | Commodities | ODDS vs GSG | |
| Brookstone Ultra-Short Bond ETF | -0.11 | -0.00 | -0.00 | 99 | Ultrashort Bond | ODDS vs BAMU | |
| iShares Diversified Commodity Swap UCITS ETF | -0.10 | -0.03 | -0.05 | 55 | Commodities | ODDS vs ISCMF |
See all 1135 diversifiers for ODDS
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