Looking to diversify beyond OPTZ? The ETFs below have historically moved differently from OPTZ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for OPTZ
237 ETFs have low correlation with OPTZ (below 0.3), 40 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | — | — | 61 | Cryptocurrency | OPTZ vs BITI | |
| Alpha Architect Tail Risk ETF | -0.32 | — | — | 56 | Options Trading | OPTZ vs CAOS | |
| Invesco DB Energy Fund | -0.22 | — | — | 72 | Oil & Gas | OPTZ vs DBE | |
| United States Brent Oil Fund LP | -0.19 | — | — | 52 | Oil & Gas | OPTZ vs BNO | |
| Invesco DB Oil Fund | -0.17 | — | — | 58 | Oil & Gas | OPTZ vs DBO |
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