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24 Stocks and 76 ETFs for diversifying Ovintiv (OVV)

The least correlated asset to Ovintiv (OVV) is ETF OILD (Bank of Montreal). The correlation is -0.8886.

Stocks that lowly correlated with OVV

SymbolName
Market cap
SectorIndustry
Correlation
CHPGRChampionsGate Acquisition Corp$257KN/AN/A-0.70
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.73MN/AN/A-0.68
TVATexas Ventures Acquisition III Corp - Class A$236MFinancial ServicesShell Companies-0.62
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.62
IBGInnovation Beverage Group Ltd$1.22MConsumer DefensiveBeverages - Wineries & Distilleries-0.61
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.60
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.59
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.59
ARAIArrive AI Inc$26MTechnologyScientific & Technical Instruments-0.55
LHSWLianhe Sowell International Group Ltd$9.40MTechnologySoftware - Infrastructure-0.54
GLXYGalaxy Digital$5.92BFinancial ServicesCapital Markets-0.53
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.53
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.52
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.52
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.52
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.52
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.51
GTENGores Holdings X Inc - Class A$466MFinancial ServicesShell Companies-0.51
BUSEPFirst Busey Corp$2.18BFinancial ServicesBanks - Regional-0.50
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-0.49
PMTWPennymac Mortgage Investment Trust$2.23BN/AN/A-0.49
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.49
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.48
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.46

ETFs that lowly correlated with OVV

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$19MN/ANov 8, 2021-0.89
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.86
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.83
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.82
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.81
MTRAINVESCO INTERNATIONAL GROWTH FOCUS ETF $142M0.54%Jun 11, 2025-0.72
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.71
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.70
RSSXRETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF $65M0.67%May 29, 2025-0.69
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.64
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.63
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.63
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.62
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.62
HBDCHilton BDC Corporate Bond ETF$86M0.39%Jun 10, 2025-0.61
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.61
OKLLDefiance Daily Target 2x Long OKLO ETF$293MN/AJun 23, 2025-0.61
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.60
BUFHFT Vest Laddered Max Buffer ETF$53M0.95%Jun 24, 2025-0.60
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.60
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.60
SFTYHORIZON MANAGED RISK ETF $370M0.77%Jun 25, 2025-0.59
STOXHORIZON CORE EQUITY ETF $132M0.70%Jun 25, 2025-0.59
SPYATwin Oak Endure ETF$127M0.49%Jun 2, 2025-0.57
TJUNFT Vest Emerging Markets Buffer ETF June$2.30M0.95%Jun 18, 2025-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.56
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.56
BUFXFT Vest Laddered Enhance & Moderate Buffer ETF$12M0.96%Jun 24, 2025-0.55
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.55
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.54
PVEXTRUESHARES CONVEQUITY ETF $55M0.82%Jun 27, 2025-0.54
CGIBCAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS$234M0.45%Jun 25, 2024-0.53
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.53
BLOXNICHOLAS CRYPTO INCOME ETF $268M0.99%Jun 16, 2025-0.53
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.53
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.53
BBSBJPMORGAN BETABUILDERS U.S. TREASURY BOND 1-3 YEAR ETF $38M0.04%Apr 19, 2023-0.53
ZJUNInnovator Equity Defined Protection ETF 1 Yr June$34M0.79%May 30, 2025-0.52
NUSBNUVEEN ULTRA SHORT INCOME ETF $157M0.17%Mar 5, 2024-0.52
LCOWPACER S&P 500 QUALITY FCF ARISTOCRATS ETF $23M0.49%May 6, 2025-0.51
TUASIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF $802M0.25%Nov 14, 2022-0.51
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.51
CPSUCalamos S&P 500 Structured Alt Protection ETF June$13M0.69%Jun 2, 2025-0.51
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.51
VGMSVanguard MultiSector Income Bond ETF$215M0.30%Jun 9, 2025-0.51
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.51
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.50
BBIBJPMORGAN BETABUILDERS U.S. TREASURY BOND 3-10 YEAR ETF $26M0.04%Apr 19, 2023-0.50
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.50
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.50
BAMBBrookstone Intermediate Bond ETF$62M1.03%Sep 26, 2023-0.50
XTWOBONDBLOXX BLOOMBERG TWO YEAR TARGET DURATION US TREASURY ETF $175M0.05%Sep 13, 2022-0.49
BFRZInnovator Equity Managed 100 Buffer ETF$124M0.89%May 12, 2025-0.49
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.49
INDEMATTHEWS INDIA ACTIVE ETF $13M0.79%Sep 21, 2023-0.49
BUXXSTRIVE ENHANCED INCOME SHORT MATURITY ETF $471M0.26%Aug 9, 2023-0.48
XTREBONDBLOXX BLOOMBERG THREE YEAR TARGET DURATION US TREASURY ETF $231M0.05%Sep 13, 2022-0.48
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.48
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.48
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.47
IBTOISHARES IBONDS DEC 2033 TERM TREASURY ETF $454M0.07%Jun 27, 2023-0.47
UTREF/M US TREASURY 3 YEAR NOTE ETF $12M0.15%Mar 27, 2023-0.47
BSJXInvesco BulletShares 2033 High Yield Corporate Bond ETF$10M0.42%Jun 11, 2025-0.47
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $102M0.99%May 7, 2025-0.47
SCHQSCHWAB LONG-TERM U.S. TREASURY ETF $897M0.03%Oct 9, 2019-0.47
GOVTISHARES U.S. TREASURY BOND ETF $41B0.05%Feb 14, 2012-0.47
INDHWISDOMTREE INDIA HEDGED EQUITY FUND $5.90M0.64%May 7, 2024-0.46
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.46
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.46
UFIVF/M US TREASURY 5 YEAR NOTE ETF $31M0.15%Mar 27, 2023-0.46
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $4.50M0.15%Mar 12, 2024-0.46
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.46