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42 Stocks and 58 ETFs for diversifying OILU (Bank of Montreal)

The least correlated asset to OILU (Bank of Montreal) is ETF DUG (ProShares UltraShort Energy). The correlation is -0.9563.

Stocks that lowly correlated with OILU

SymbolName
Market cap
SectorIndustry
Correlation
IBGInnovation Beverage Group Ltd$1.22MConsumer DefensiveBeverages - Wineries & Distilleries-0.65
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.62
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.57
LHSWLianhe Sowell International Group Ltd$9.40MTechnologySoftware - Infrastructure-0.55
CHPGRChampionsGate Acquisition Corp$257KN/AN/A-0.53
ARAIArrive AI Inc$26MTechnologyScientific & Technical Instruments-0.53
ANTAAntalpha Platform Holding Company$169MFinancial ServicesCredit Services-0.53
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.73MN/AN/A-0.52
PMTWPennymac Mortgage Investment Trust$2.23BN/AN/A-0.52
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.52
XGNExagen Inc$121MHealthcareDiagnostics & Research-0.52
FLGTFulgent Genetics Inc$516MHealthcareDiagnostics & Research-0.52
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.51
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.50
RDACRising Dragon Acquisition Corp$39MFinancial ServicesShell Companies-0.49
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.49
ACTUActuate Therapeutics Inc$50MHealthcareBiotechnology-0.48
RALRalliant Corporation$6.99BN/AN/A-0.48
GLXYGalaxy Digital$5.92BFinancial ServicesCapital Markets-0.47
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.47
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.46
TWFGTWFG Inc - Class A$275MFinancial ServicesInsurance Brokers-0.46
KKRTKKR & Co. Inc$22BN/AN/A-0.46
HSPTUHorizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)$25MFinancial ServicesShell Companies-0.45
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.45
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.44
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.44
DMAARDrugs Made In America Acquisition Corp$1.29MN/AN/A-0.43
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.43
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.43
OZONOzon Holdings PLC$2.43BTechnologySoftware & It Services-0.42
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.42
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.42
CLBRColombier Acquisition Corp II - Class A$366MFinancialsInvestment Holding Companies-0.42
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.42
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.42
NXGLNexgel Inc$5.15MHealthcareMedical Instruments & Supplies-0.42
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.41
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.41
RBLXRoblox Corporation - Class A$33BCommunication ServicesElectronic Gaming & Multimedia-0.41
SORATop Win International Ltd$65MConsumer CyclicalLuxury Goods-0.41
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.40

ETFs that lowly correlated with OILU

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.96
OILDBank of Montreal$19MN/ANov 8, 2021-0.95
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.91
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.79
BUFHFT Vest Laddered Max Buffer ETF$53M0.95%Jun 24, 2025-0.73
SPYATwin Oak Endure ETF$127M0.49%Jun 2, 2025-0.72
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.72
HBDCHilton BDC Corporate Bond ETF$86M0.39%Jun 10, 2025-0.71
SFTYHORIZON MANAGED RISK ETF $370M0.77%Jun 25, 2025-0.71
BUFXFT Vest Laddered Enhance & Moderate Buffer ETF$12M0.96%Jun 24, 2025-0.70
STOXHORIZON CORE EQUITY ETF $132M0.70%Jun 25, 2025-0.69
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.68
LCOWPACER S&P 500 QUALITY FCF ARISTOCRATS ETF $23M0.49%May 6, 2025-0.67
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.65
PVEXTRUESHARES CONVEQUITY ETF $55M0.82%Jun 27, 2025-0.63
MTRAINVESCO INTERNATIONAL GROWTH FOCUS ETF $142M0.54%Jun 11, 2025-0.63
ZJUNInnovator Equity Defined Protection ETF 1 Yr June$34M0.79%May 30, 2025-0.61
CPSUCalamos S&P 500 Structured Alt Protection ETF June$13M0.69%Jun 2, 2025-0.61
LDRXSGI ENHANCED MARKET LEADERS ETF $232M0.59%May 2, 2025-0.60
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.60
CEFZRIVERNORTH ACTIVE INCOME ETF $39M3.36%Dec 27, 2006-0.59
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $102M0.99%May 7, 2025-0.58
FBProShares S&P 500 Dynamic Buffer ETF$1.70M0.58%Jun 24, 2025-0.55
BLOXNICHOLAS CRYPTO INCOME ETF $268M0.99%Jun 16, 2025-0.55
RSSXRETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF $65M0.67%May 29, 2025-0.54
NVIIREX NVDA GROWTH & INCOME ETF $92MN/AMay 27, 2025-0.53
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.53
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.53
OKLLDefiance Daily Target 2x Long OKLO ETF$293MN/AJun 23, 2025-0.53
AMZWROUNDHILL AMZN WEEKLYPAY ETF $41MN/AJun 17, 2025-0.52
HGROHEDGEYE QUALITY GROWTH ETF $97M0.70%Jun 10, 2025-0.51
VGMSVanguard MultiSector Income Bond ETF$215M0.30%Jun 9, 2025-0.48
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.48
INDHWISDOMTREE INDIA HEDGED EQUITY FUND $5.90M0.64%May 7, 2024-0.47
CBXACalamos Bitcoin 90 Series Structured Alt Protection ETF April$4.50M0.69%Apr 7, 2025-0.47
INDEMATTHEWS INDIA ACTIVE ETF $13M0.79%Sep 21, 2023-0.46
BSJXInvesco BulletShares 2033 High Yield Corporate Bond ETF$10M0.42%Jun 11, 2025-0.46
CGIBCAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS$234M0.45%Jun 25, 2024-0.45
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $31MN/AFeb 9, 2026-0.44
FGSIFT Vest Growth Strength & Target Income ETF$3M0.85%Jun 25, 2025-0.44
NUSBNUVEEN ULTRA SHORT INCOME ETF $157M0.17%Mar 5, 2024-0.44
QUBXTRADR 2X LONG QUBT DAILY ETF $25MN/AJun 23, 2025-0.43
BBSBJPMORGAN BETABUILDERS U.S. TREASURY BOND 1-3 YEAR ETF $38M0.04%Apr 19, 2023-0.43
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.42
IOPPSIMPLIFY TARA INDIA OPPORTUNITIES ETF $7.50M0.73%Mar 4, 2024-0.42
TJUNFT Vest Emerging Markets Buffer ETF June$2.30M0.95%Jun 18, 2025-0.42
VGSHVANGUARD SHORT-TERM TREASURY INDEX FUND ETF SHARES$34B0.03%Nov 19, 2009-0.42
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.42
SCHOSCHWAB SHORT-TERM U.S. TREASURY ETF $13B0.03%Aug 5, 2010-0.42
SHYISHARES 1-3 YEAR TREASURY BOND ETF $25B0.15%Jul 22, 2002-0.41
LOGOALPHA BRANDS(TM) CONSUMPTION LEADERS ETF $33M0.69%May 27, 2025-0.41
SPTSSPDR(R) PORTFOLIO SHORT TERM TREASURY ETF $6B0.03%Nov 30, 2011-0.41
IBIDISHARES IBONDS OCT 2027 TERM TIPS ETF $97M0.10%Sep 13, 2023-0.41
NDIAGLOBAL X INDIA ACTIVE ETF $55M0.75%Aug 17, 2023-0.41
CAAAFIRST TRUST COMMERCIAL MORTGAGE OPPORTUNITIES ETF $33M0.30%Feb 27, 2024-0.41
BFRZInnovator Equity Managed 100 Buffer ETF$124M0.89%May 12, 2025-0.41
CMBSISHARES CMBS ETF $481M0.25%Feb 14, 2012-0.40
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.40