Looking to diversify beyond SFLR? The ETFs below have the lowest correlation with SFLR — 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 SFLR.
Best Diversifiers for SFLR
312 ETFs have low correlation with SFLR (below 0.3), 76 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.07 | — | 71 | Oil & Gas | SFLR vs DBE | |
| United States Oil Fund LP | -0.29 | -0.07 | — | 66 | Oil & Gas | SFLR vs USO | |
| United States Brent Oil Fund LP | -0.28 | -0.07 | — | 65 | Oil & Gas | SFLR vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.04 | — | 56 | Oil & Gas | SFLR vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | SFLR vs USOY |
See all 1740 diversifiers for SFLR
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