Looking to diversify beyond OTGL? The ETFs below have the lowest correlation with OTGL — 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 OTGL.
Best Diversifiers for OTGL
186 ETFs have low correlation with OTGL (below 0.3), 6 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 -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.35 | -0.35 | 53 | Cryptocurrency | OTGL vs BITI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.08 | -0.08 | -0.08 | 56 | Commodities | OTGL vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.07 | -0.07 | -0.07 | 52 | Commodities | OTGL vs COMT | |
| DoubleLine Commodity Strategy ETF | -0.03 | -0.03 | -0.03 | 55 | Commodities | OTGL vs DCMT | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | OTGL vs GBIL |
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