Looking to diversify beyond USO? The ETFs below have historically moved differently from USO, 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 USO
1698 ETFs have low correlation with USO (below 0.3), 1635 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Astoria Dynamic Core US Fixed Income ETF | -0.45 | — | — | 50 | Multisector Bonds | USO vs AGGA | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -0.45 | -0.19 | — | 55 | Emerging Markets Bonds | USO vs BEMB | |
| First Trust Low Duration Strategic Focus ETF | -0.45 | -0.20 | -0.08 | 73 | Short-Term Bond | USO vs LDSF | |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | -0.45 | -0.18 | -0.06 | 53 | Emerging Markets Bonds | USO vs EMB | |
| iShares Flexible Income Active ETF | -0.44 | -0.19 | — | 68 | Multisector Bonds | USO vs BINC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for USO, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is United Airlines Holdings, Inc. (UAL) (Industrials) with a 1Y correlation of -0.48, down from -0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| United Airlines Holdings, Inc. | -0.48 | -0.24 | -0.09 | 76 | Industrials | |
| Rolls-Royce Holdings plc | -0.32 | -0.10 | 0.03 | 77 | Industrials | |
| The Bank of Nova Scotia | -0.29 | -0.13 | 0.07 | 97 | Financial Services | |
| Annaly Capital Management, Inc. | -0.29 | -0.10 | 0.04 | 79 | Real Estate | |
| Nu Holdings Ltd. | -0.29 | -0.04 | — | 59 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements USO
Add USO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with USO