Looking to diversify beyond ONEO? The ETFs below have the lowest correlation with ONEO — 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 ONEO.
Best Diversifiers for ONEO
195 ETFs have low correlation with ONEO (below 0.3), 23 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.36, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | -0.40 | -0.40 | 51 | Derivative Income | ONEO vs WNTR | |
| United States Gasoline Fund LP | -0.20 | -0.03 | 0.13 | 60 | Oil & Gas | ONEO vs UGA | |
| ProShares UltraShort Yen | -0.17 | -0.07 | -0.03 | 73 | Leveraged Currency | ONEO vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ONEO vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | ONEO vs IBIC |
See all 1450 diversifiers for ONEO
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