Looking to diversify beyond OEFA? The ETFs below have the lowest correlation with OEFA — 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 OEFA.
Best Diversifiers for OEFA
80 ETFs have low correlation with OEFA (below 0.3), 8 of which are negatively correlated. The least correlated is Bastion Energy ETF (BESF) (Energy Equities) with a 1Y correlation of -0.06, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.06 | -0.06 | -0.06 | 81 | Energy Equities | OEFA vs BESF | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.06 | -0.06 | -0.06 | 99 | Corporate Bonds | OEFA vs BSCQ | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.05 | -0.05 | -0.05 | 58 | Commodities | OEFA vs FTGC | |
| Global X 1-3 Month T-Bill ETF | -0.05 | -0.05 | -0.05 | 100 | Ultrashort Bond | OEFA vs CLIP | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.04 | -0.04 | -0.04 | 54 | Commodities | OEFA vs CERY |
See all 1031 diversifiers for OEFA
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