Looking to diversify beyond OOSP? The ETFs below have the lowest correlation with OOSP — 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 OOSP.
Best Diversifiers for OOSP
1555 ETFs have low correlation with OOSP (below 0.3), 968 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.27, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.27 | -0.27 | -0.27 | 99 | Leveraged Equities, Semiconductors | OOSP vs MUU | |
| Pinnacle Focused Opportunities ETF | -0.17 | — | — | 59 | Mid Cap Growth Equities | OOSP vs FCUS | |
| Fidelity Managed Futures ETF | -0.16 | — | — | 71 | Systematic Trend | OOSP vs FFUT | |
| Bastion Energy ETF | -0.16 | — | — | 87 | Energy Equities | OOSP vs BESF | |
| ProShares High Yield-Interest Rate Hedged | -0.15 | — | — | 60 | High Yield Bonds | OOSP vs HYHG |
See all 1555 diversifiers for OOSP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements OOSP
Add OOSP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OOSP