Looking to diversify beyond USOY? The ETFs below have the lowest correlation with USOY — 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 USOY.
Best Diversifiers for USOY
1505 ETFs have low correlation with USOY (below 0.3), 1437 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.48 | — | — | 51 | Global Bonds | USOY vs AVGB | |
| Avantis Short-Term Fixed Income ETF | -0.43 | — | — | 67 | Short-Term Bond | USOY vs AVSF | |
| Neos Enhanced Income Aggregate Bond ETF | -0.42 | — | — | 51 | Intermediate Core-Plus Bond | USOY vs BNDI | |
| First Trust Limited Duration Investment Grade Corp... | -0.41 | — | — | 61 | Short-Term Bond | USOY vs FSIG | |
| First Trust TCW Unconstrained Plus Bond ETF | -0.41 | — | — | 54 | Nontraditional Bonds | USOY vs UCON |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from USOY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USOY and solid risk/return profiles. The least correlated is Delta Air Lines, Inc. (DAL) (Industrials) with a 1Y correlation of -0.38, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Delta Air Lines, Inc. | -0.38 | -0.22 | -0.22 | 82 | Industrials | |
| Apple Inc | -0.22 | — | — | 91 | Technology | |
| Colgate-Palmolive Company | -0.20 | — | — | 53 | Consumer Defensive | |
| DaVita Inc. | -0.13 | — | — | 85 | Healthcare | |
| JPMorgan Chase & Co. | -0.10 | — | — | 69 | Financial Services |
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Build a portfolio that complements USOY
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