32 Stocks and 68 ETFs for diversifying DUG (ProShares UltraShort Energy)
The least correlated asset to DUG (ProShares UltraShort Energy) is ETF IYE (ISHARES U.S. ENERGY ETF). The correlation is -0.9634.
Stocks that lowly correlated with DUG
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| XOM | Exxon Mobil Corp | $604B | Energy | Oil & Gas Integrated | -0.89 |
| COP | Conoco Phillips | $136B | Energy | Oil & Gas E&p | -0.89 |
| EOG | EOG Resources Inc | $73B | Energy | Oil & Gas E&p | -0.88 |
| DVN | Devon Energy Corp | $53B | Energy | Oil & Gas E&p | -0.88 |
| CNQ | Canadian Natural Resources Ltd | $90B | Energy | Oil & Gas E&p | -0.87 |
| FANG | Diamondback Energy Inc | $53B | Energy | Oil & Gas E&p | -0.86 |
| CVX | Chevron Corp | $360B | Energy | Oil & Gas Integrated | -0.86 |
| SU | Suncor Energy Inc | $72B | Energy | Oil & Gas Integrated | -0.85 |
| HAL | Halliburton Company | $30B | Energy | Oil & Gas Equipment & Services | -0.84 |
| ALTS | ALT5 Sigma Corporation Common Stock | $4.90B | Technology | Software - Application | -0.84 |
| OVV | Ovintiv Inc | $16B | Energy | Oil & Gas E&p | -0.83 |
| IMO | Imperial Oil Ltd | $58B | Energy | Oil & Gas Integrated | -0.83 |
| SLB | SLB | $71B | Energy | Oil & Gas Equipment & Services | -0.82 |
| CVE | Cenovus Energy Inc | $51B | Energy | Oil & Gas Integrated | -0.82 |
| VET | Vermilion Energy Inc | $1.50B | Energy | Oil & Gas E&p | -0.81 |
| MUR | Murphy Oil Corp | $4.97B | Energy | Oil & Gas E&p | -0.81 |
| MGY | Magnolia Oil & Gas Corp - Class A | $4.90B | Energy | Oil & Gas E&p | -0.81 |
| EPD | Enterprise Products Partners L P | $82B | Energy | Oil & Gas Midstream | -0.80 |
| VLO | Valero Energy Corp | $87B | Energy | Oil & Gas Refining & Marketing | -0.80 |
| PSX | Phillips 66 | $79B | Energy | Oil & Gas Refining & Marketing | -0.80 |
| OXY | Occidental Petroleum Corp | $53B | Energy | Oil & Gas E&p | -0.80 |
| PTEN | Patterson-UTI Energy Inc | $3.74B | Energy | Oil & Gas Drilling | -0.79 |
| NOV | NOV Inc | $6.99B | Energy | Oil & Gas Equipment & Services | -0.79 |
| APA | APA Corporation | $12B | Energy | Oil & Gas E&p | -0.78 |
| MPC | Marathon Petroleum Corp | $88B | Energy | Oil & Gas Refining & Marketing | -0.78 |
| SHEL | Shell Plc ADR (Representing - ) | $241B | Energy | Oil & Gas Integrated | -0.77 |
| VNOM | Viper Energy Inc - Class A | $6.95B | Energy | Oil & Gas Midstream | -0.77 |
| BKR | Baker Hughes Co - Class A | $46B | Energy | Oil & Gas Equipment & Services | -0.77 |
| MTDR | Matador Resources Company | $6.54B | Energy | Oil & Gas E&p | -0.77 |
| DMLP | Dorchester Minerals LP | $1.31B | Energy | Oil & Gas E&p | -0.77 |
| HESM | Hess Midstream LP - Class A | $8.16B | Energy | Oil & Gas Midstream | -0.76 |
| PAA | Plains All American Pipeline LP | $19B | Energy | Oil & Gas Midstream | -0.76 |