Looking to diversify beyond OVS? The ETFs below have the lowest correlation with OVS — 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 OVS.
Best Diversifiers for OVS
157 ETFs have low correlation with OVS (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.39, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.39 | -0.35 | -0.38 | 57 | Cryptocurrency | OVS vs BITI | |
| Invesco DB Energy Fund | -0.27 | -0.04 | 0.12 | 53 | Oil & Gas | OVS vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | OVS vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | 0.02 | 0.16 | 51 | Commodities | OVS vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.16 | 0.05 | 0.18 | 54 | Commodities | OVS vs DBC |
See all 1157 diversifiers for OVS
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