Looking to diversify beyond OUSM? The ETFs below have historically moved differently from OUSM, 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 OUSM
329 ETFs have low correlation with OUSM (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.11 | 0.06 | 72 | Oil & Gas | OUSM vs DBE | |
| United States Brent Oil Fund LP | -0.29 | -0.09 | 0.05 | 52 | Oil & Gas | OUSM vs BNO | |
| Invesco DB Oil Fund | -0.29 | -0.08 | 0.06 | 58 | Oil & Gas | OUSM vs DBO | |
| United States Oil Fund LP | -0.29 | -0.10 | 0.05 | 55 | Oil & Gas | OUSM vs USO | |
| United States Gasoline Fund LP | -0.26 | -0.08 | 0.06 | 87 | Oil & Gas | OUSM vs UGA |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for OUSM, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is CACI International Inc (CACI) (Technology) with a 1Y correlation of 0.15, down from 0.42 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CACI International Inc | 0.15 | 0.36 | 0.42 | 51 | Technology |
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