Looking to diversify beyond REMX? The ETFs below have the lowest correlation with REMX — 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 REMX.
Best Diversifiers for REMX
563 ETFs have low correlation with REMX (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.27, roughly unchanged from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.27 | -0.25 | -0.29 | 53 | Cryptocurrency | REMX vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | — | — | 70 | Derivative Income | REMX vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.24 | — | — | 65 | Inverse Equities, Leveraged Equities | REMX vs MSTZ | |
| United States Gasoline Fund LP | -0.10 | 0.05 | 0.14 | 82 | Oil & Gas | REMX vs UGA | |
| iShares Diversified Commodity Swap UCITS ETF | -0.10 | -0.02 | — | 54 | Commodities | REMX vs ISCMF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from REMX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to REMX and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.13, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.13 | -0.06 | 0.10 | 83 | Financial Services | |
| The Coca-Cola Company | -0.12 | -0.00 | 0.08 | 82 | Consumer Defensive | |
| Altria Group, Inc. | -0.08 | 0.01 | 0.08 | 78 | Consumer Defensive | |
| Duke Energy Corporation | -0.08 | 0.00 | 0.02 | 65 | Utilities | |
| The TJX Companies, Inc. | -0.06 | 0.08 | 0.22 | 79 | Consumer Cyclical |
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