Looking to diversify beyond OILT? The ETFs below have historically moved differently from OILT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for OILT
1195 ETFs have low correlation with OILT (below 0.3), 974 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Short-Term Fixed Income ETF | -0.34 | — | — | 72 | Short-Term Bond | OILT vs AVSF | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.33 | — | — | 65 | Municipal Bonds | OILT vs BSMW | |
| Dimensional Short-Duration Fixed Income ETF | -0.33 | — | — | 73 | Short-Term Bond | OILT vs DFSD | |
| Fidelity Municipal Bond Opportunities ETF | -0.32 | — | — | 76 | Municipal Bonds | OILT vs FMUB | |
| Invesco BulletShares 2034 Municipal Bond ETF | -0.31 | — | — | 64 | Municipal Bonds | OILT vs BSMY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for OILT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| American Airlines Group Inc. | -0.33 | — | — | 65 | Industrials | |
| SLB N.V. | 0.48 | — | — | 83 | Energy | |
| Marathon Petroleum Corporation | 0.57 | — | — | 95 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | 0.58 | — | — | 85 | Energy | |
| Shell plc | 0.71 | — | — | 80 | Energy |
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