Looking to diversify beyond OEF? The ETFs below have the lowest correlation with OEF — 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 OEF.
Best Diversifiers for OEF
248 ETFs have low correlation with OEF (below 0.3), 37 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | OEF vs IBIC | |
| United States Gasoline Fund LP | -0.23 | -0.04 | 0.06 | 55 | Oil & Gas | OEF vs UGA | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 95 | Inflation-Protected Bonds | OEF vs IBID | |
| ProShares UltraShort Yen | -0.16 | 0.00 | -0.00 | 63 | Leveraged Currency | OEF vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 98 | Ultrashort Bond | OEF vs BAMU |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OEF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OEF and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.21, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.21 | -0.01 | 0.16 | 72 | Energy | |
| Altria Group, Inc. | -0.21 | -0.04 | 0.09 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.21 | -0.06 | 0.07 | 62 | Utilities | |
| Chevron Corporation | -0.19 | 0.03 | 0.20 | 70 | Energy | |
| EOG Resources, Inc. | -0.19 | 0.03 | 0.18 | 57 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements OEF
Add OEF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OEF