Overview Holdings Performance Dividends Similar Etfs Correlations

23 Stocks and 77 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
BACQ	Bleichroeder Acquisition Corp I - Class A	$545M	Financial Services	Shell Companies	-0.80
CTWO	COtwo Advisors Physical European Carbon Allowance Trust	$1.85M	N/A	N/A	-0.76
NSRX	Nasus Pharma Ltd	$28M	Healthcare	Drug Manufacturers - General	-0.73
HSPTU	Horizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)	$11M	Financial Services	Shell Companies	-0.71
CLBR	Colombier Acquisition Corp II - Class A	$366M	Financials	Investment Holding Companies	-0.69
HSPT	Horizon Space Acquisition II Corp	$61M	Financial Services	Shell Companies	-0.67
DRDBW	Roman DBDR Acquisition Corp II Warrants	$8.22M	N/A	N/A	-0.65
PCSC	Perceptive Capital Solutions Corp - Class A	$100M	Financial Services	Shell Companies	-0.57
BBOT	BridgeBio Oncology Therapeutics Inc Com	$674M	Healthcare	Biotechnology	-0.56
GRAN	Grande Group Ltd - Class A	$35M	Financial Services	Capital Markets	-0.55
BUSEP	First Busey Corp	$2.21B	Financial Services	Banks - Regional	-0.55
LWACW	LightWave Acquisition Corp - Warrants (06/06/2030)	$178M	N/A	N/A	-0.54
DXST	Decent Holding Inc	$1.65M	Industrials	Waste Management	-0.53
PCS	PGIM CORPORATE BOND 0-5 YEAR ETF	$27B	N/A	N/A	-0.53
LSBK	Lake Shore Bancorp Inc	$134M	Financial Services	Banks - Regional	-0.53
IBG	Innovation Beverage Group Ltd	$1.60M	Consumer Defensive	Beverages - Wineries & Distilleries	-0.53
LBGJ	Li Bang International Corp Inc	$189K	Industrials	Specialty Industrial Machinery	-0.53
MBVIU	M3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)	$77M	Financial Services	Shell Companies	-0.53
TFSA	Terra Income Fund 6, LLC 7.00% Notes due 2026	$124M	N/A	N/A	-0.52
IPEXU	Inflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)	$29M	Financial Services	Shell Companies	-0.51
SDHC	Smith Douglas Homes Corp - Class A	$137M	Real Estate	Real Estate - Development	-0.51
ODD	ODDITY Tech Ltd - Class A	$982M	Consumer Defensive	Household & Personal Products	-0.51
BEAGR	Bold Eagle Acquisition Corp Right	$1.50M	N/A	N/A	-0.50

ETFs that lowly correlated with DBO

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$895M	N/A	Nov 24, 2008	-0.90
XLVI	STATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$16M	0.35%	Jul 29, 2025	-0.86
BASV	BROWN ADVISORY SUSTAINABLE VALUE ETF	$408M	0.71%	Jun 13, 2025	-0.77
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.77
XLFI	STATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$5.80M	0.35%	Jul 29, 2025	-0.76
FFOX	FUNDX FUTURE FUND OPPORTUNITIES ETF	$240M	1.02%	Jun 9, 2025	-0.76
HBDC	Hilton BDC Corporate Bond ETF	$84M	0.39%	Jun 10, 2025	-0.76
DVXV	WEBs Defined Volatility XLV ETF	$480K	0.89%	Jul 22, 2025	-0.75
AALG	LEVERAGE SHARES 2X LONG AAL DAILY ETF	$5.30M	N/A	Jul 10, 2025	-0.73
BSJX	Invesco BulletShares 2033 High Yield Corporate Bond ETF	$20M	0.42%	Jun 11, 2025	-0.73
XLII	STATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$7.70M	0.35%	Jul 29, 2025	-0.72
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.72
JOYT	JPMORGAN EQUITY AND OPTIONS TOTAL RETURN ETF	$94M	0.35%	Aug 18, 2025	-0.71
VGMS	VANGUARD MULTI-SECTOR INCOME BOND ETF ETF SHARES	$235M	0.30%	Jun 9, 2025	-0.70
TFNS	T. ROWE PRICE FINANCIALS ETF	$14M	0.44%	Jun 11, 2025	-0.70
CPHY	Fm Compoundr High Yield Bond ETF	$6.20M	0.35%	Aug 11, 2025	-0.69
MTRA	INVESCO INTERNATIONAL GROWTH FOCUS ETF	$148M	0.54%	Jun 11, 2025	-0.68
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.68
CTIF	CASTELLAN TARGETED INCOME ETF	$183M	0.45%	Jun 24, 2025	-0.67
GIND	Goldman Sachs India Equity ETF	$164M	0.75%	Apr 1, 2025	-0.66
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.64
TAXI	NORTHERN TRUST INTERMEDIATE TAX-EXEMPT BOND ETF	$160M	0.05%	Aug 18, 2025	-0.64
JDVL	JOHN HANCOCK DISCIPLINED VALUE SELECT ETF	$880M	0.56%	Aug 5, 2025	-0.64
HFEQ	UNLIMITED HFEQ EQUITY LONG/SHORT ETF	$17M	0.96%	Jul 14, 2025	-0.63
INVG	GMO SYSTEMATIC INVESTMENT GRADE CREDIT ETF	$28M	0.25%	Jun 3, 2025	-0.63
ZTWO	F/M 2-YEAR INVESTMENT GRADE CORPORATE BOND ETF	$18M	0.15%	Jan 10, 2024	-0.63
DVXF	WEBs Defined Volatility XLF ETF	$251K	0.89%	Jul 22, 2025	-0.63
RSBA	RETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF	$50M	1.01%	Dec 17, 2024	-0.63
MUNC	NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF	$8.20M	0.18%	Aug 18, 2025	-0.61
INDE	MATTHEWS INDIA ACTIVE ETF	$14M	0.79%	Sep 21, 2023	-0.61
MUNB	NORTHERN TRUST 2035 TAX-EXEMPT DISTRIBUTING LADDER ETF	$14M	0.18%	Aug 18, 2025	-0.60
CTEF	CASTELLAN TARGETED EQUITY ETF	$679M	0.45%	Jun 17, 2025	-0.60
CGIB	CAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS	$276M	0.45%	Jun 25, 2024	-0.59
RINT	RUSSELL INVESTMENTS INTERNATIONAL DEVELOPED EQUITY ETF	$139M	0.49%	May 13, 2025	-0.59
WCPB	Weitz Core Plus Bond ETF	$210M	0.45%	Aug 12, 2025	-0.59
ZTRE	F/M 3-YEAR INVESTMENT GRADE CORPORATE BOND ETF	$40M	0.15%	Jan 10, 2024	-0.58
TIIV	AAM TODD INTERNATIONAL INTRINSIC VALUE ETF	$31M	0.54%	Jul 24, 2025	-0.58
CGHY	CAPITAL GROUP HIGH YIELD BOND ETF SHARE CLASS	$112M	0.39%	Jun 24, 2025	-0.58
AVGB	AVANTIS CREDIT ETF	$21M	0.19%	Apr 15, 2025	-0.58
EXUS	MACQUARIE FOCUSED INTERNATIONAL CORE ETF	$95M	0.59%	Jun 17, 2025	-0.58
BNDY	HORIZON CORE BOND ETF	$249M	0.66%	Jul 2, 2025	-0.58
FMUN	FIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF	$183M	0.05%	Jul 11, 2019	-0.58
QALT	SEI DBI MULTI-STRATEGY ALTERNATIVE ETF	$194M	0.80%	Jun 30, 2023	-0.57
SPXD	XTRACKERS S&P 500 DIVERSIFIED SECTOR WEIGHT ETF	$6.90M	0.09%	Jul 23, 2025	-0.57
TAXT	NORTHERN TRUST TAX-EXEMPT BOND ETF	$61M	0.05%	Aug 18, 2025	-0.56
BLST	BLUEMONTE SHORT TERM BOND ETF	$167M	0.23%	Jun 20, 2025	-0.56
FTBI	FIRST TRUST BALANCED INCOME ETF	$21M	0.97%	May 28, 2025	-0.56
QBSF	ALLIANZIM U.S. EQUITY BUFFER15 ETF	$36M	0.64%	Jun 30, 2025	-0.56
NDIA	GLOBAL X INDIA ACTIVE ETF	$60M	0.75%	Aug 17, 2023	-0.56
BRKC	YIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF	$9.30M	1.01%	Jun 4, 2025	-0.56
GEOA	WISDOMTREE GEOALPHA OPPORTUNITIES FUND	$893K	0.58%	Jul 3, 2025	-0.56
WTMU	WISDOMTREE CORE LADDERED MUNICIPAL FUND	$9.30M	0.25%	Apr 1, 2025	-0.56
LVDS	JPMORGAN FUNDAMENTAL DATA SCIENCE LARGE VALUE ETF	$106M	0.30%	Feb 28, 2003	-0.55
BSCZ	Invesco BulletShares 2035 Corporate Bond ETF	$267M	0.10%	Jun 11, 2025	-0.55
LDRC	ISHARES IBONDS 1-5 YEAR CORPORATE LADDER ETF	$98M	0.10%	Nov 7, 2024	-0.55
LITL	Simplify Piper Sandler US SmallCap PLUS Income ETF	$6.90M	0.91%	Apr 28, 2025	-0.55
MUNY	VANGUARD NEW YORK TAX-EXEMPT BOND ETF ETF SHARES	$447M	0.09%	May 20, 2025	-0.55
JPHY	JPMORGAN ACTIVE HIGH YIELD ETF	$2.20B	0.45%	Jun 24, 2025	-0.55
TLCI	TOUCHSTONE INTERNATIONAL EQUITY ETF	$111M	0.37%	Mar 3, 2025	-0.54
ALIL	ARGENT FOCUSED SMALL CAP ETF	$27M	0.74%	Apr 8, 2025	-0.54
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.54
ODHY	OBRA DEFENSIVE HIGH YIELD ETF	$5.10M	0.50%	Jun 30, 2025	-0.54
MULT	Franklin Multisector Income ETF	$15M	0.39%	Aug 26, 2025	-0.54
RW	RAINWATER EQUITY ETF	$18M	1.27%	Jun 17, 2025	-0.54
GXIG	GLOBAL X INVESTMENT GRADE CORPORATE BOND ETF	$174M	0.15%	Jun 16, 2025	-0.54
GTOC	Invesco Core Fixed Income ETF	$350M	0.26%	Jul 21, 2025	-0.53
INDH	WISDOMTREE INDIA HEDGED EQUITY FUND	$5.80M	0.64%	May 7, 2024	-0.53
IOPP	SIMPLIFY TARA INDIA OPPORTUNITIES ETF	$7.10M	0.73%	Mar 4, 2024	-0.52
VTEL	VANGUARD LONG-TERM TAX-EXEMPT BOND ETF ETF SHARES	$288M	0.09%	May 20, 2025	-0.52
SCOW	PACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF	$1.60M	0.59%	Aug 27, 2025	-0.51
JHLN	JOHN HANCOCK GLOBAL SENIOR LOAN ETF	$633M	0.59%	Aug 19, 2025	-0.51
XLYI	STATE STREET(R) CONSUMER DISCRETIONARY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$2.10M	0.35%	Jul 29, 2025	-0.51
FLAG	GLOBAL X S&P 500 U.S. MARKET LEADERS TOP 50 ETF	$1.60M	0.29%	Apr 15, 2025	-0.51
SLDR	GLOBAL X SHORT-TERM TREASURY LADDER ETF	$39M	0.12%	Sep 9, 2024	-0.51
BDBT	BLUEMONTE CORE BOND ETF	$480M	0.23%	Jun 20, 2025	-0.50
CCFE	CONCOURSE CAPITAL FOCUSED EQUITY ETF	$39M	0.95%	Jun 11, 2025	-0.50
WTMY	WISDOMTREE HIGH INCOME LADDERED MUNICIPAL FUND	$5.10M	0.35%	Apr 1, 2025	-0.50