Looking to diversify beyond SIXL? The ETFs below have the lowest correlation with SIXL — 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 SIXL.
Best Diversifiers for SIXL
593 ETFs have low correlation with SIXL (below 0.3), 54 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.17, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.17 | -0.04 | 0.06 | 65 | Oil & Gas | SIXL vs DBO | |
| Invesco DB Energy Fund | -0.15 | -0.04 | 0.07 | 71 | Oil & Gas | SIXL vs DBE | |
| United States Brent Oil Fund LP | -0.15 | -0.04 | 0.05 | 65 | Oil & Gas | SIXL vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | 0.01 | 0.10 | 71 | Commodities | SIXL vs GSG | |
| iShares Commodities Select Strategy ETF | -0.12 | 0.00 | 0.09 | 71 | Commodities | SIXL vs COMT |
See all 1163 diversifiers for SIXL
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SIXL
Add SIXL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SIXL