Looking to diversify beyond OMAH? The ETFs below have the lowest correlation with OMAH — 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 OMAH.
Best Diversifiers for OMAH
633 ETFs have low correlation with OMAH (below 0.3), 32 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.13 | — | — | 63 | Leveraged Currency | OMAH vs YCS | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | — | — | 100 | Government Bonds, Ultrashort Bond | OMAH vs BIL | |
| United States Gasoline Fund LP | -0.08 | — | — | 55 | Oil & Gas | OMAH vs UGA | |
| iShares 0-3 Month Treasury Bond ETF | -0.07 | — | — | 100 | Ultrashort Bond | OMAH vs SGOV | |
| First Trust Alternative Absolute Return Strategy E... | -0.07 | — | — | 75 | Commodities | OMAH vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OMAH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OMAH and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.03, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.03 | 0.13 | 0.13 | 72 | Technology | |
| Reaves Utility Income Trust | 0.12 | — | — | 79 | Financial Services | |
| Spire Inc. | 0.22 | 0.24 | 0.24 | 55 | Utilities | |
| Cohen & Steers Infrastructure Fund, Inc | 0.27 | — | — | 67 | Financial Services | |
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.31 | 0.42 | 0.42 | 80 | Financial Services |
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