Looking to diversify beyond OZEM? The ETFs below have the lowest correlation with OZEM — 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 OZEM.
Best Diversifiers for OZEM
312 ETFs have low correlation with OZEM (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.27 | — | — | 65 | Oil & Gas | OZEM vs DBO | |
| Invesco DB Energy Fund | -0.27 | -0.14 | -0.14 | 71 | Oil & Gas | OZEM vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.13 | -0.13 | 65 | Oil & Gas | OZEM vs BNO | |
| iShares Commodities Select Strategy ETF | -0.22 | -0.08 | -0.08 | 71 | Commodities | OZEM vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | -0.08 | -0.08 | 71 | Commodities | OZEM vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OZEM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OZEM and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.05 | — | — | 63 | Consumer Defensive | |
| American Healthcare REIT, Inc. | 0.00 | 0.16 | 0.16 | 81 | Real Estate | |
| Monster Beverage Corporation | 0.08 | — | — | 79 | Consumer Defensive |
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