Overview Holdings Performance Dividends Similar Etfs Correlations

30 Stocks and 70 ETFs for diversifying DBO (Invesco DB Oil Fund)

The least correlated asset to DBO (Invesco DB Oil Fund) is ETF SCO (ProShares UltraShort Bloomberg Crude Oil -2x Shares). The correlation is -0.8957.

Stocks that lowly correlated with DBO

Symbol	Name	Market cap	Sector	Industry	Correlation
CTWO	COtwo Advisors Physical European Carbon Allowance Trust	$1.73M	N/A	N/A	-0.83
BACQ	Bleichroeder Acquisition Corp I - Class A	$545M	Financial Services	Shell Companies	-0.80
HSPTU	Horizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)	$25M	Financial Services	Shell Companies	-0.74
PMTW	Pennymac Mortgage Investment Trust	$2.23B	N/A	N/A	-0.73
CLBR	Colombier Acquisition Corp II - Class A	$366M	Financials	Investment Holding Companies	-0.73
KKRT	KKR & Co. Inc	$22B	N/A	N/A	-0.72
DRDBW	Roman DBDR Acquisition Corp II Warrants	$8.22M	N/A	N/A	-0.70
HSPT	Horizon Space Acquisition II Corp	$61M	Financial Services	Shell Companies	-0.65
UYSCR	UY Scuti Acquisition Corp	$277K	N/A	N/A	-0.64
BUSEP	First Busey Corp	$2.18B	Financial Services	Banks - Regional	-0.61
TWOD	Two Harbors Investment Corp	$2.67B	N/A	N/A	-0.61
PCSC	Perceptive Capital Solutions Corp - Class A	$97M	Financial Services	Shell Companies	-0.61
EGHA	EGH Acquisition Corp - Class A	$212M	Financial Services	Shell Companies	-0.55
AOMD	Angel Oak Mortgage REIT Inc	$622M	N/A	N/A	-0.54
DRDBU	Roman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War)	$243M	Financial Services	Shell Companies	-0.54
AARD	Aardvark Therapeutics Inc	$87M	Healthcare	Biotechnology	-0.53
ODD	ODDITY Tech Ltd - Class A	$751M	Consumer Defensive	Household & Personal Products	-0.53
IPEXU	Inflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)	$29M	Financial Services	Shell Companies	-0.53
TFSA	Terra Income Fund 6, LLC 7.00% Notes due 2026	$124M	N/A	N/A	-0.52
HKIT	Hitek Global Inc	$4.63M	Technology	Information Technology Services	-0.51
COLAU	Columbus Acquisition Corp - Units ( Ord Cls A & 1 Rts)	$62M	Financial Services	Shell Companies	-0.51
UPB	Upstream Bio Inc	$450M	Healthcare	Biotechnology	-0.51
FER	Ferrovial S.E.	$50B	Industrials	Engineering & Construction	-0.51
AACI	Armada Acquisition Corp I	$77M	Financial Services	Shell Companies	-0.51
ACTU	Actuate Therapeutics Inc	$50M	Healthcare	Biotechnology	-0.51
KMTS	Kestra Medical Technologies Ltd	$1.23B	Healthcare	Medical Instruments & Supplies	-0.49
DXST	Decent Holding Inc	$1.65M	Industrials	Waste Management	-0.49
IBG	Innovation Beverage Group Ltd	$1.22M	Consumer Defensive	Beverages - Wineries & Distilleries	-0.49
CMDB	Costamare Bulkers Holdings Ltd	$409M	Industrials	Marine Shipping	-0.48
RDACR	Rising Dragon Acquisition Corp	$192K	N/A	N/A	-0.48

ETFs that lowly correlated with DBO

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.90
VGMS	Vanguard MultiSector Income Bond ETF	$215M	0.30%	Jun 9, 2025	-0.82
BSJX	Invesco BulletShares 2033 High Yield Corporate Bond ETF	$10M	0.42%	Jun 11, 2025	-0.81
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.77
HBDC	Hilton BDC Corporate Bond ETF	$86M	0.39%	Jun 10, 2025	-0.77
INVG	GMO SYSTEMATIC INVESTMENT GRADE CREDIT ETF	$28M	0.25%	Jun 3, 2025	-0.75
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.73
ZTWO	F/M 2-YEAR INVESTMENT GRADE CORPORATE BOND ETF	$18M	0.15%	Jan 10, 2024	-0.71
ZTRE	F/M 3-YEAR INVESTMENT GRADE CORPORATE BOND ETF	$41M	0.15%	Jan 10, 2024	-0.70
MTRA	INVESCO INTERNATIONAL GROWTH FOCUS ETF	$142M	0.54%	Jun 11, 2025	-0.70
BSCZ	Invesco BulletShares 2035 Corporate Bond ETF	$234M	0.10%	Jun 11, 2025	-0.69
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.68
TJUN	FT Vest Emerging Markets Buffer ETF June	$2.30M	0.95%	Jun 18, 2025	-0.67
GIND	Goldman Sachs India Equity ETF	$157M	0.75%	Apr 1, 2025	-0.67
LDRC	ISHARES IBONDS 1-5 YEAR CORPORATE LADDER ETF	$77M	0.10%	Nov 7, 2024	-0.67
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.64
RSBA	RETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF	$53M	1.01%	Dec 17, 2024	-0.64
AGGA	EA ASTORIA DYNAMIC CORE US FIXED INCOME ETF	$76M	0.55%	Apr 30, 2025	-0.61
HFSI	Hartford Strategic Income ETF	$760M	0.49%	Sep 21, 2021	-0.61
BUFH	FT Vest Laddered Max Buffer ETF	$53M	0.95%	Jun 24, 2025	-0.60
CGIB	CAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS	$234M	0.45%	Jun 25, 2024	-0.60
EXUS	MACQUARIE FOCUSED INTERNATIONAL CORE ETF	$68M	0.59%	Jun 17, 2025	-0.59
SLDR	GLOBAL X SHORT-TERM TREASURY LADDER ETF	$40M	0.12%	Sep 9, 2024	-0.58
NDIA	GLOBAL X INDIA ACTIVE ETF	$55M	0.75%	Aug 17, 2023	-0.58
INDH	WISDOMTREE INDIA HEDGED EQUITY FUND	$5.90M	0.64%	May 7, 2024	-0.58
INDE	MATTHEWS INDIA ACTIVE ETF	$13M	0.79%	Sep 21, 2023	-0.57
MUNY	Vanguard New York TaxExempt Bond ETF	$372M	0.09%	May 20, 2025	-0.57
IAUI	NEOS GOLD HIGH INCOME ETF	$427M	0.79%	Jun 4, 2025	-0.57
EVSD	Eaton Vance Short Duration Income ETF	$1.20B	0.24%	Mar 31, 1992	-0.57
STOX	HORIZON CORE EQUITY ETF	$132M	0.70%	Jun 25, 2025	-0.57
ODHY	OBRA DEFENSIVE HIGH YIELD ETF	$5.10M	0.50%	Jun 30, 2025	-0.57
BUFX	FT Vest Laddered Enhance & Moderate Buffer ETF	$12M	0.96%	Jun 24, 2025	-0.56
JPY	LAZARD JAPANESE EQUITY ETF	$75M	0.60%	Apr 4, 2025	-0.56
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.55
KNRG	Simplify Kayne Anderson Energy and Infrastructure Credit ETF	$145M	0.76%	May 27, 2025	-0.55
HGRO	HEDGEYE QUALITY GROWTH ETF	$97M	0.70%	Jun 10, 2025	-0.55
YGLD	Simplify Gold Strategy PLUS Income ETF	$49M	0.53%	Dec 2, 2024	-0.55
SFTY	HORIZON MANAGED RISK ETF	$370M	0.77%	Jun 25, 2025	-0.55
ZJUN	Innovator Equity Defined Protection ETF 1 Yr June	$34M	0.79%	May 30, 2025	-0.54
FLAG	GLOBAL X S&P 500 U.S. MARKET LEADERS TOP 50 ETF	$1.60M	0.29%	Apr 15, 2025	-0.54
CPSU	Calamos S&P 500 Structured Alt Protection ETF June	$13M	0.69%	Jun 2, 2025	-0.54
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.54
PSDM	PGIM SHORT DURATION MULTI-SECTOR BOND ETF	$185M	0.40%	Jul 19, 2023	-0.54
CSTK	Invesco Comstock Contrarian Equity ETF	$129M	0.35%	May 5, 2025	-0.53
VTEL	Vanguard LongTerm TaxExempt Bond ETF	$259M	0.09%	May 20, 2025	-0.53
NBSD	NEUBERGER BERMAN SHORT DURATION INCOME ETF	$1B	0.35%	Jun 21, 2010	-0.52
IGCB	TCW Corporate Bond ETF	$39M	0.35%	Jun 29, 2018	-0.52
LCOW	PACER S&P 500 QUALITY FCF ARISTOCRATS ETF	$23M	0.49%	May 6, 2025	-0.52
BBBS	BondBloxx BBB Rated 1-5 Year Corporate Bond ETF	$166M	0.19%	Jan 23, 2024	-0.52
IOPP	SIMPLIFY TARA INDIA OPPORTUNITIES ETF	$7.50M	0.73%	Mar 4, 2024	-0.51
DEFR	APTUS DEFERRED INCOME ETF	$116M	0.79%	May 13, 2025	-0.51
USSH	WISDOMTREE 1-3 YEAR LADDERED TREASURY FUND	$23M	0.15%	Mar 12, 2024	-0.51
GBUG	Sprott Active Gold & Silver Miners	$164M	0.90%	Feb 19, 2025	-0.50
CAAA	FIRST TRUST COMMERCIAL MORTGAGE OPPORTUNITIES ETF	$33M	0.30%	Feb 27, 2024	-0.50
OGSP	OBRA HIGH GRADE STRUCTURED PRODUCTS ETF	$29M	0.64%	Apr 9, 2024	-0.50
SPYA	Twin Oak Endure ETF	$127M	0.49%	Jun 2, 2025	-0.50
RB	ProShares Russell 2000 Dynamic Buffer ETF	$1.10M	0.58%	Jun 24, 2025	-0.49
MTBA	SIMPLIFY MBS ETF	$1.70B	0.15%	Nov 6, 2023	-0.49
STBF	PERFORMANCE TRUST SHORT TERM BOND ETF	$47M	0.65%	Apr 8, 2024	-0.49
MSTI	MADISON SHORT-TERM STRATEGIC INCOME ETF	$51M	0.36%	Sep 5, 2023	-0.49
MSDD	GRANITESHARES 2X SHORT MSTR DAILY ETF	$1M	N/A	Jun 9, 2025	-0.49
JPLD	JPMorgan Ltd Duration Bond ETF	$3.80B	0.24%	Feb 2, 1993	-0.49
BFRZ	Innovator Equity Managed 100 Buffer ETF	$124M	0.89%	May 12, 2025	-0.49
SDFI	SOUND FIXED INCOME ETF	$173M	0.30%	Dec 12, 2018	-0.48
CGSD	CAPITAL GROUP SHORT DURATION INCOME ETF SHARE CLASS	$2.20B	0.25%	Oct 25, 2022	-0.48
CGUI	CAPITAL GROUP ULTRA SHORT INCOME ETF SHARE CLASS	$246M	0.18%	Jun 25, 2024	-0.48
LITL	Simplify Piper Sandler US SmallCap PLUS Income ETF	$5.50M	0.91%	Apr 28, 2025	-0.48
YFFI	INDEXPERTS YIELD FOCUSED FIXED INCOME ETF	$23M	0.50%	Dec 31, 2024	-0.48
SCIO	FIRST TRUST STRUCTURED CREDIT INCOME OPPORTUNITIES ETF	$357M	0.70%	Feb 27, 2024	-0.48
APLU	ALLSPRING CORE PLUS ETF	$403M	0.31%	Dec 4, 2024	-0.48