Looking to diversify beyond ONOF? The ETFs below have the lowest correlation with ONOF — 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 ONOF.
Best Diversifiers for ONOF
201 ETFs have low correlation with ONOF (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, down from -0.34 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.34 | — | 52 | Cryptocurrency | ONOF vs BITI | |
| Invesco DB Energy Fund | -0.21 | -0.07 | 0.04 | 57 | Oil & Gas | ONOF vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | ONOF vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 96 | Inflation-Protected Bonds | ONOF vs IBID | |
| VanEck Energy Income ETF | -0.11 | 0.21 | 0.28 | 82 | Energy Equities | ONOF vs EINC |
See all 1148 diversifiers for ONOF
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ONOF
Add ONOF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ONOF