Looking to balance out your exposure to OEC? The ETFs below have the lowest correlation with OEC — they tend to move on their own, which can help reduce risk when OEC drops. The stock ideas table highlights individual companies that behave independently from OEC.
Best Diversifiers for OEC
3 ETFs have low correlation with OEC (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of 0.06, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | 0.06 | 0.10 | 0.20 | 76 | Commodities | OEC vs PDBC | |
| Vanguard S&P 500 Growth ETF | 0.18 | 0.23 | 0.34 | 60 | S&P 500, Large Cap Growth Equities | OEC vs VOOG | |
| Vanguard S&P 500 ETF | 0.30 | 0.35 | 0.45 | 74 | S&P 500 | OEC vs VOO |
Diversification Analysis
Build a portfolio that complements OEC
Add OEC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OEC