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
700 ETFs have low correlation with OMAH (below 0.3), 69 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States 12 Month Oil Fund LP | -0.12 | — | — | 56 | Oil & Gas | OMAH vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.11 | — | — | 55 | Oil & Gas | OMAH vs OILK | |
| United States Brent Oil Fund LP | -0.11 | — | — | 65 | Oil & Gas | OMAH vs BNO | |
| ProShares Ultra Bloomberg Crude Oil | -0.11 | — | — | 54 | Leveraged Commodities | OMAH vs UCO | |
| United States Oil Fund LP | -0.10 | — | — | 66 | Oil & Gas | OMAH vs USO |
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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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | 0.14 | — | — | 78 | Financial Services | |
| Tesla, Inc. | 0.15 | 0.28 | 0.28 | 55 | Consumer Cyclical | |
| Spire Inc. | 0.23 | — | — | 58 | Utilities | |
| Cohen & Steers Infrastructure Fund, Inc | 0.27 | 0.35 | 0.35 | 63 | Financial Services | |
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.31 | 0.42 | 0.42 | 79 | Financial Services |
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