Looking to diversify beyond SIO? The ETFs below have the lowest correlation with SIO — 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 SIO.
Best Diversifiers for SIO
454 ETFs have low correlation with SIO (below 0.3), 46 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from -0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.20 | — | 53 | Oil & Gas | SIO vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.27 | -0.14 | — | 51 | Commodities | SIO vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.26 | — | — | 51 | Commodities | SIO vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.24 | -0.11 | -0.03 | 54 | Commodities | SIO vs DBC | |
| Fidelity MSCI Energy Index ETF | -0.23 | -0.04 | 0.02 | 51 | Energy Equities | SIO vs FENY |
See all 1132 diversifiers for SIO
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