Looking to diversify beyond RAFE? The ETFs below have the lowest correlation with RAFE — 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 RAFE.
Best Diversifiers for RAFE
189 ETFs have low correlation with RAFE (below 0.3), 38 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.08 | 0.09 | 71 | Oil & Gas | RAFE vs DBE | |
| United States Brent Oil Fund LP | -0.31 | -0.08 | 0.07 | 65 | Oil & Gas | RAFE vs BNO | |
| Invesco DB Oil Fund | -0.30 | -0.07 | 0.09 | 65 | Oil & Gas | RAFE vs DBO | |
| iShares Commodities Select Strategy ETF | -0.24 | -0.01 | 0.13 | 72 | Commodities | RAFE vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | -0.00 | 0.14 | 72 | Commodities | RAFE vs GSG |
See all 1211 diversifiers for RAFE
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