Looking to diversify beyond RBLU? The ETFs below have historically moved differently from RBLU, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RBLU
1153 ETFs have low correlation with RBLU (below 0.3), 104 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.25 | — | — | 51 | Cryptocurrency | RBLU vs BITI | |
| iShares Core High Dividend ETF | -0.18 | — | — | 91 | Dividend, Large Cap Value Equities | RBLU vs HDV | |
| ProShares Ultra Energy | -0.17 | — | — | 70 | Leveraged Equities | RBLU vs DIG | |
| Fidelity MSCI Energy Index ETF | -0.17 | -0.07 | -0.07 | 76 | Energy Equities | RBLU vs FENY | |
| VanEck Vectors Morningstar Durable Dividend ETF | -0.16 | — | — | 69 | Large Cap Blend Equities, Dividend | RBLU vs DURA |
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