Looking to diversify beyond OPER? The ETFs below have the lowest correlation with OPER — 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 OPER.
Best Diversifiers for OPER
1578 ETFs have low correlation with OPER (below 0.3), 1002 of which are negatively correlated. The least correlated is First Trust China AlphaDEX Fund (FCA) (China Equities) with a 1Y correlation of -0.20, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust China AlphaDEX Fund | -0.20 | -0.03 | -0.01 | 62 | China Equities | OPER vs FCA | |
| F/m Emerald Life Sciences Innovation ETF | -0.16 | -0.06 | -0.06 | 67 | Health & Biotech Equities | OPER vs LFSC | |
| ALPS Medical Breakthroughs ETF | -0.14 | -0.08 | -0.02 | 72 | Health & Biotech Equities | OPER vs SBIO | |
| SPDR S&P Pharmaceuticals ETF | -0.14 | -0.06 | -0.02 | 55 | Health & Biotech Equities | OPER vs XPH | |
| Tema Oncology ETF | -0.13 | -0.03 | 0.04 | 69 | Health & Biotech Equities | OPER vs CANC |
See all 1595 diversifiers for OPER
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements OPER
Add OPER to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OPER