Looking to diversify beyond RACK? The ETFs below have the lowest correlation with RACK — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from RACK.
Best Diversifiers for RACK
0 ETFs have low correlation with RACK (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals ETF (REMX) (Rare Earth & Strategic Metals) with a 1Y correlation of 0.56, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Rare Earth and Strategic Metals ETF | 0.56 | 0.56 | 0.56 | 52 | Rare Earth & Strategic Metals | RACK vs REMX | |
| STMicroelectronics NV ADRhedged | 0.90 | — | — | 80 | Technology Equities | RACK vs STHH |
Diversification Analysis
Build a portfolio that complements RACK
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