Looking to diversify beyond OWNS? The ETFs below have the lowest correlation with OWNS — 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 OWNS.
Best Diversifiers for OWNS
794 ETFs have low correlation with OWNS (below 0.3), 57 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.38 | — | — | 71 | Oil & Gas | OWNS vs DBE | |
| Invesco DB Oil Fund | -0.36 | — | — | 65 | Oil & Gas | OWNS vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.33 | — | — | 71 | Commodities | OWNS vs GSG | |
| iShares Commodities Select Strategy ETF | -0.32 | — | — | 70 | Commodities | OWNS vs COMT | |
| DoubleLine Commodity Strategy ETF | -0.31 | -0.20 | -0.20 | 73 | Commodities | OWNS vs DCMT |
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