Looking to diversify beyond USMF? The ETFs below have the lowest correlation with USMF — 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 USMF.
Best Diversifiers for USMF
327 ETFs have low correlation with USMF (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | -0.05 | 0.12 | 71 | Oil & Gas | USMF vs DBE | |
| United States Oil Fund LP | -0.21 | -0.05 | 0.11 | 66 | Oil & Gas | USMF vs USO | |
| United States 12 Month Oil Fund LP | -0.21 | -0.03 | 0.13 | 56 | Oil & Gas | USMF vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.21 | -0.02 | 0.13 | 55 | Oil & Gas | USMF vs OILK | |
| ProShares Ultra Bloomberg Crude Oil | -0.20 | -0.02 | 0.13 | 54 | Leveraged Commodities | USMF vs UCO |
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