Looking to diversify beyond SUB? The ETFs below have historically moved differently from SUB, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SUB
1149 ETFs have low correlation with SUB (below 0.3), 96 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.36, down from -0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.36 | -0.17 | -0.06 | 87 | Oil & Gas | SUB vs UGA | |
| Invesco DB Energy Fund | -0.35 | -0.17 | -0.07 | 72 | Oil & Gas | SUB vs DBE | |
| Invesco DB Oil Fund | -0.33 | -0.17 | -0.07 | 58 | Oil & Gas | SUB vs DBO | |
| United States Brent Oil Fund LP | -0.33 | -0.16 | -0.07 | 52 | Oil & Gas | SUB vs BNO | |
| United States Oil Fund LP | -0.32 | -0.16 | -0.07 | 55 | Oil & Gas | SUB vs USO |
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