Looking to diversify beyond OILT? The ETFs below have the lowest correlation with OILT — 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 OILT.
Best Diversifiers for OILT
1105 ETFs have low correlation with OILT (below 0.3), 888 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.35 | — | — | 50 | Global Bonds | OILT vs AVGB | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.33 | — | — | 64 | Municipal Bonds | OILT vs BSMW | |
| Avantis Short-Term Fixed Income ETF | -0.30 | -0.13 | -0.13 | 58 | Short-Term Bond | OILT vs AVSF | |
| BNY Mellon Ultra Short Income ETF | -0.30 | — | — | 99 | Ultrashort Bond | OILT vs BKUI | |
| Dimensional Short-Duration Fixed Income ETF | -0.28 | -0.13 | -0.13 | 63 | Short-Term Bond | OILT vs DFSD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OILT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OILT and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| American Airlines Group Inc. | -0.25 | — | — | 70 | Industrials | |
| Petróleo Brasileiro S.A. - Petrobras | 0.58 | 0.56 | 0.56 | 73 | Energy | |
| Marathon Petroleum Corporation | 0.63 | — | — | 80 | Energy | |
| Shell plc | 0.71 | — | — | 61 | Energy |
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