Which Assets Are Most Correlated to the USD? 💲

What We're Showing

Building a well-balanced, diversified portfolio involves including assets with varying correlations. This graphic, created in partnership with OANDA, illustrates the USD’s correlations with other assets and indices.

Key Takeaways

• Any correlation below 40% is considered 'weak.' So, adding the USD to a portfolio with exposure to any of the assets in this dataset can enhance diversification.
• Among the assets selected, the USD has the highest correlation with U.S. equities.
• The only assets in the dataset with negative correlations to the USD are the two commodities: oil and gold.