Looking to diversify beyond OPPE? The ETFs below have the lowest correlation with OPPE — 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 OPPE.
Best Diversifiers for OPPE
6 ETFs have low correlation with OPPE (below 0.3), 6 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.08 | 0.06 | 71 | Oil & Gas | OPPE vs DBE | |
| United States Oil Fund LP | -0.27 | -0.07 | 0.06 | 66 | Oil & Gas | OPPE vs USO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | -0.06 | -0.06 | 98 | Inflation-Protected Bonds | OPPE vs IBIC | |
| ProShares Ultra Bloomberg Crude Oil | -0.24 | -0.03 | 0.08 | 56 | Leveraged Commodities | OPPE vs UCO | |
| Invesco DB Oil Fund | -0.24 | -0.05 | 0.07 | 65 | Oil & Gas | OPPE vs DBO |
See all 46 diversifiers for OPPE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements OPPE
Add OPPE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OPPE