Looking to diversify beyond RAVI? The ETFs below have the lowest correlation with RAVI — 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 RAVI.
Best Diversifiers for RAVI
1443 ETFs have low correlation with RAVI (below 0.3), 139 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | -0.35 | -0.33 | 75 | Leveraged Currency | RAVI vs YCS | |
| Invesco S&P SmallCap Energy ETF | -0.23 | -0.08 | -0.01 | 51 | Energy Equities | RAVI vs PSCE | |
| Bastion Energy ETF | -0.20 | — | — | 86 | Energy Equities | RAVI vs BESF | |
| Invesco S&P 500 Equal Weight Energy ETF | -0.20 | -0.08 | -0.02 | 52 | Energy Equities, S&P 500, Equal Weight | RAVI vs RSPG | |
| Fidelity Managed Futures ETF | -0.18 | — | — | 66 | Systematic Trend | RAVI vs FFUT |
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