Looking to diversify beyond PSMO? The ETFs below have the lowest correlation with PSMO — 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 PSMO.
Best Diversifiers for PSMO
197 ETFs have low correlation with PSMO (below 0.3), 45 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.07 | 0.05 | 71 | Oil & Gas | PSMO vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.05 | 0.04 | 65 | Oil & Gas | PSMO vs BNO | |
| Invesco DB Oil Fund | -0.23 | -0.03 | — | 65 | Oil & Gas | PSMO vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | -0.08 | -0.08 | 98 | Inflation-Protected Bonds | PSMO vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.19 | 0.00 | 0.08 | 71 | Commodities | PSMO vs COMT |
See all 1161 diversifiers for PSMO
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