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
173 ETFs have low correlation with OPPE (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.35, roughly unchanged from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.27 | -0.29 | 57 | Cryptocurrency | OPPE vs BITI | |
| Invesco DB Energy Fund | -0.23 | -0.07 | 0.06 | 53 | Oil & Gas | OPPE vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | OPPE vs IBIC | |
| TCW AAA CLO ETF | -0.16 | — | — | 99 | CLO | OPPE vs ACLO | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.12 | -0.05 | — | 100 | Ultrashort Bond | OPPE vs BILZ |
See all 1134 diversifiers for OPPE
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