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
183 ETFs have low correlation with OVS (below 0.3), 32 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.02 | 0.13 | 71 | Oil & Gas | OVS vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.01 | 0.12 | 65 | Oil & Gas | OVS vs BNO | |
| Invesco DB Oil Fund | -0.25 | 0.01 | 0.14 | 65 | Oil & Gas | OVS vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | OVS vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.20 | 0.04 | 0.17 | 71 | Commodities | OVS vs COMT |
See all 1167 diversifiers for OVS
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