Looking to diversify beyond STLG? The ETFs below have the lowest correlation with STLG — 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 STLG.
Best Diversifiers for STLG
309 ETFs have low correlation with STLG (below 0.3), 85 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | -0.08 | 0.04 | 71 | Oil & Gas | STLG vs DBE | |
| United States Oil Fund LP | -0.31 | -0.08 | 0.03 | 66 | Oil & Gas | STLG vs USO | |
| United States Brent Oil Fund LP | -0.29 | -0.06 | 0.03 | 65 | Oil & Gas | STLG vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | STLG vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | -0.04 | 0.05 | 56 | Oil & Gas | STLG vs OILK |
See all 1666 diversifiers for STLG
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements STLG
Add STLG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with STLG