Looking to diversify beyond OMAH? The ETFs below have historically moved differently from OMAH, 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 OMAH
772 ETFs have low correlation with OMAH (below 0.3), 81 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.18 | — | — | 66 | Oil & Gas | OMAH vs DBE | |
| Invesco DB Oil Fund | -0.17 | — | — | 51 | Oil & Gas | OMAH vs DBO | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.14 | — | — | 69 | Derivative Income | OMAH vs WNTR | |
| Invesco DB Commodity Index Tracking Fund | -0.14 | -0.03 | -0.03 | 68 | Commodities | OMAH vs DBC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | -0.03 | -0.03 | 61 | Commodities | OMAH vs GSG |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for OMAH, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.08, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.08 | 0.08 | 0.08 | 61 | Technology | |
| Reaves Utility Income Trust | 0.05 | — | — | 55 | Financial Services | |
| Strategy Inc Variable Rate Series A Perpetual Stre... | 0.10 | — | — | 62 | Technology | |
| BlackRock Enhanced Large Cap Core Fund, Inc. | 0.17 | — | — | 89 | ||
| Cohen & Steers Infrastructure Fund, Inc | 0.23 | 0.33 | 0.33 | 72 | Financial Services |
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