Looking to diversify beyond RETL? The ETFs below have the lowest correlation with RETL — 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 RETL.
Best Diversifiers for RETL
343 ETFs have low correlation with RETL (below 0.3), 61 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.28, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.28 | -0.04 | 0.07 | 66 | Oil & Gas | RETL vs USO | |
| Invesco DB Energy Fund | -0.27 | -0.04 | 0.08 | 71 | Oil & Gas | RETL vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.03 | 0.07 | 65 | Oil & Gas | RETL vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | -0.08 | -0.08 | 56 | Derivative Income | RETL vs USOY | |
| United States 12 Month Oil Fund LP | -0.25 | -0.01 | 0.09 | 56 | Oil & Gas | RETL vs USL |
See all 1656 diversifiers for RETL
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