Overview Performance Splits Correlations

28 Stocks and 72 ETFs for diversifying SCO (ProShares UltraShort Bloomberg Crude Oil -2x Shares)

The least correlated asset to SCO (ProShares UltraShort Bloomberg Crude Oil -2x Shares) is ETF USOY (DEFIANCE OIL ENHANCED OPTIONS INCOME ETF). The correlation is -0.9505.

Stocks that lowly correlated with SCO

Symbol	Name	Market cap	Sector	Industry	Correlation
USOI	UBS AG London Branch	$205B	N/A	N/A	-0.93
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.84
OVV	Ovintiv Inc	$16B	Energy	Oil & Gas E&p	-0.81
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.78
CVE	Cenovus Energy Inc	$51B	Energy	Oil & Gas Integrated	-0.76
ALTS	ALT5 Sigma Corporation Common Stock	$4.90B	Technology	Software - Application	-0.76
MGY	Magnolia Oil & Gas Corp - Class A	$4.90B	Energy	Oil & Gas E&p	-0.76
HAL	Halliburton Company	$30B	Energy	Oil & Gas Equipment & Services	-0.76
CNQ	Canadian Natural Resources Ltd	$90B	Energy	Oil & Gas E&p	-0.76
EOG	EOG Resources Inc	$73B	Energy	Oil & Gas E&p	-0.76
DMLP	Dorchester Minerals LP	$1.31B	Energy	Oil & Gas E&p	-0.75
FANG	Diamondback Energy Inc	$53B	Energy	Oil & Gas E&p	-0.75
SSL	Sasol Ltd	$6.67B	Basic Materials	Specialty Chemicals	-0.75
BTE	Baytex Energy Corp	$3.09B	Energy	Oil & Gas E&p	-0.75
OXY	Occidental Petroleum Corp	$53B	Energy	Oil & Gas E&p	-0.74
COP	Conoco Phillips	$136B	Energy	Oil & Gas E&p	-0.73
SU	Suncor Energy Inc	$72B	Energy	Oil & Gas Integrated	-0.73
KOS	Kosmos Energy Ltd	$1.17B	Energy	Oil & Gas E&p	-0.73
VET	Vermilion Energy Inc	$1.50B	Energy	Oil & Gas E&p	-0.73
DVN	Devon Energy Corp	$53B	Energy	Oil & Gas E&p	-0.73
SLB	SLB	$71B	Energy	Oil & Gas Equipment & Services	-0.73
VNOM	Viper Energy Inc - Class A	$6.95B	Energy	Oil & Gas Midstream	-0.73
WDS	Woodside Energy Group Ltd	$40B	Energy	Oil & Gas E&p	-0.72
APA	APA Corporation	$12B	Energy	Oil & Gas E&p	-0.72
PTEN	Patterson-UTI Energy Inc	$3.74B	Energy	Oil & Gas Drilling	-0.72
EQNR	Equinor ASA	$90B	Energy	Oil & Gas Integrated	-0.72
KRP	Kimbell Royalty Partners LP	$1.46B	Energy	Oil & Gas E&p	-0.71
GTE	Gran Tierra Energy Inc	$231M	Energy	Oil & Gas E&p	-0.71

ETFs that lowly correlated with SCO

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
USOY	DEFIANCE OIL ENHANCED OPTIONS INCOME ETF	$56M	1.12%	May 9, 2024	-0.95
USL	United States 12 Month Oil Fund LP	$41M	1.01%	Dec 6, 2007	-0.94
GSG	iShares S&P GSCI Commodity-Indexed Trust	$839M	0.75%	Jul 10, 2006	-0.90
BNO	United States Brent Crude Oil Fund	$544M	1.15%	Jun 2, 2010	-0.90
DBO	Invesco DB Oil Fund	$216M	0.75%	Jan 5, 2007	-0.90
DCMT	DOUBLELINE COMMODITY STRATEGY ETF	$36M	0.66%	Jan 31, 2024	-0.89
PDBC	INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF	$5.30B	0.59%	Nov 7, 2014	-0.88
DBE	Invesco DB Energy Fund	$85M	0.75%	Jan 5, 2007	-0.88
DBC	Invesco DB Commodity Index Tracking Fund	$1.60B	0.85%	Feb 3, 2006	-0.88
OILK	PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF	$221M	0.69%	Sep 26, 2016	-0.88
COMT	ISHARES GSCI COMMODITY DYNAMIC ROLL STRATEGY ETF	$1.10B	0.48%	Oct 15, 2014	-0.87
PIT	VANECK COMMODITY STRATEGY ETF	$260M	0.55%	Dec 20, 2022	-0.87
UGA	United States Gasoline Fund LP	$108M	1.08%	Feb 26, 2008	-0.85
UCO	ProShares Ultra Bloomberg Crude Oil 2x Shares	$312M	N/A	Nov 24, 2008	-0.85
USO	United States Oil Fund	$1.90B	0.86%	Apr 10, 2006	-0.84
TIPA	NORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF	$18M	0.10%	Aug 18, 2025	-0.84
USE	USCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND	$2.60M	0.79%	May 3, 2023	-0.84
CERY	STATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF	$979M	0.28%	Sep 4, 2024	-0.83
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	-0.83
CMDT	PIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND	$751M	0.65%	May 9, 2023	-0.82
PSCE	INVESCO S&P SMALLCAP ENERGY ETF	$98M	0.29%	Apr 7, 2010	-0.82
PXI	INVESCO DORSEY WRIGHT ENERGY MOMENTUM ETF	$73M	0.60%	Oct 12, 2006	-0.81
XOP	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF	$2.90B	0.35%	Jun 19, 2006	-0.81
RSPG	INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF	$533M	0.40%	Nov 1, 2006	-0.81
FXN	FIRST TRUST ENERGY ALPHADEX FUND	$413M	0.63%	May 8, 2007	-0.80
IEO	ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF	$516M	0.38%	May 1, 2006	-0.80
HGER	HARBOR COMMODITY ALL-WEATHER STRATEGY ETF	$3.20B	0.68%	Feb 9, 2022	-0.80
IXC	ISHARES GLOBAL ENERGY ETF	$2B	0.40%	Nov 12, 2001	-0.80
PEO	Adams Natural Resources Fund Inc	$762M	N/A	N/A	-0.80
VDE	VANGUARD ENERGY INDEX FUND ETF SHARES	$11B	0.09%	Sep 23, 2004	-0.80
FTXN	FIRST TRUST NASDAQ OIL & GAS ETF	$181M	0.60%	Sep 20, 2016	-0.80
FENY	FIDELITY MSCI ENERGY INDEX ETF	$1.70B	0.08%	Oct 21, 2013	-0.80
POWR	ISHARES U.S. POWER INFRASTRUCTURE ETF	$420M	0.40%	Jan 31, 2012	-0.79
PXE	INVESCO ENERGY EXPLORATION & PRODUCTION ETF	$79M	0.61%	Oct 26, 2005	-0.79
OILU	Bank of Montreal	$48M	N/A	Nov 8, 2021	-0.79
IYE	ISHARES U.S. ENERGY ETF	$1.50B	0.38%	Jun 12, 2000	-0.79
IGE	ISHARES NORTH AMERICAN NATURAL RESOURCES ETF	$708M	0.39%	Oct 22, 2001	-0.79
XES	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF	$467M	0.35%	Jun 19, 2006	-0.78
IEZ	ISHARES U.S. OIL EQUIPMENT & SERVICES ETF	$377M	0.38%	May 1, 2006	-0.78
OILT	Texas Capital Texas Oil Index ETF	$12M	0.35%	Dec 20, 2023	-0.78
CMCI	VANECK CMCI COMMODITY STRATEGY ETF	$2.70M	0.67%	Aug 21, 2023	-0.78
BGR	Blackrock Energy & Resources Trust	$418M	N/A	N/A	-0.78
RLY	STATE STREET(R) MULTI-ASSET REAL RETURN ETF	$1.20B	0.50%	Apr 25, 2012	-0.78
XLE	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF	$36B	0.08%	Dec 16, 1998	-0.78
OIH	VANECK OIL SERVICES ETF	$2B	0.35%	Dec 20, 2011	-0.78
FCG	FIRST TRUST NATURAL GAS ETF	$590M	0.59%	May 8, 2007	-0.78
SDCI	USCF SUMMERHAVEN DYNAMIC COMMODITY STRATEGY NO K-1 FUND	$526M	0.60%	May 3, 2018	-0.78
DIG	PROSHARES ULTRA ENERGY	$64M	N/A	Jan 30, 2007	-0.77
PXJ	INVESCO OIL & GAS SERVICES ETF	$75M	0.63%	Oct 26, 2005	-0.77
UCIB	UBS AG London Branch	$21M	0.55%	Oct 9, 2015	-0.77
FTGC	FIRST TRUST GLOBAL TACTICAL COMMODITY STRATEGY FUND	$2.70B	0.98%	Oct 22, 2013	-0.77
NBCM	NEUBERGER BERMAN COMMODITY STRATEGY ETF	$400M	0.65%	Aug 27, 2012	-0.77
ERX	DIREXION DAILY ENERGY BULL 2X SHARES	$211M	N/A	Nov 6, 2008	-0.77
USCI	United States Commodity Index Fund	$337M	1.05%	Aug 10, 2010	-0.75
DRLL	STRIVE U.S. ENERGY ETF	$261M	0.41%	Aug 8, 2022	-0.75
GUSH	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES	$194M	N/A	May 28, 2015	-0.74
USAI	PACER AMERICAN ENERGY INDEPENDENCE ETF	$111M	0.75%	Dec 12, 2017	-0.74
DJP	iPath Bloomberg Commodity Index Total Return ETN	$850M	0.70%	Jun 6, 2006	-0.73
NDIV	Amplify Natural Resources Dividend Income ETF	$26M	0.59%	Aug 23, 2022	-0.73
BCD	ABRDN BLOOMBERG ALL COMMODITY LONGER DATED STRATEGY K-1 FREE ETF	$384M	0.30%	Mar 30, 2017	-0.73
UMI	USCF MIDSTREAM ENERGY INCOME FUND	$485M	0.69%	Mar 24, 2021	-0.72
COMB	GRANITESHARES BLOOMBERG COMMODITY BROAD STRATEGY NO K-1 ETF	$122M	0.25%	May 19, 2017	-0.72
EINC	VANECK ENERGY INCOME ETF	$109M	0.46%	Mar 12, 2012	-0.72
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.72
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.72
ENFR	ALERIAN ENERGY INFRASTRUCTURE ETF	$468M	0.35%	Oct 31, 2013	-0.71
BCI	ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF	$2.30B	0.26%	Mar 30, 2017	-0.71
CMDY	ISHARES BLOOMBERG ROLL SELECT COMMODITY STRATEGY ETF	$523M	0.28%	Apr 3, 2018	-0.71
MLPX	GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF	$3.50B	0.45%	Aug 6, 2013	-0.71
EQRR	PROSHARES EQUITIES FOR RISING RATES ETF	$38M	0.35%	Jul 24, 2017	-0.71
TPYP	TORTOISE NORTH AMERICAN PIPELINE ETF	$853M	0.40%	Jun 29, 2015	-0.71
GUNR	FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND	$6.70B	0.46%	Sep 16, 2011	-0.70