Looking to diversify beyond RFDA? The ETFs below have historically moved differently from RFDA, 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 RFDA
201 ETFs have low correlation with RFDA (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.38, roughly unchanged from -0.36 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | -0.36 | — | 61 | Cryptocurrency | RFDA vs BITI | |
| Alpha Architect Tail Risk ETF | -0.35 | -0.07 | — | 56 | Options Trading | RFDA vs CAOS | |
| Invesco DB Energy Fund | -0.21 | -0.02 | 0.13 | 72 | Oil & Gas | RFDA vs DBE | |
| United States Brent Oil Fund LP | -0.19 | -0.01 | 0.11 | 52 | Oil & Gas | RFDA vs BNO | |
| Invesco DB Oil Fund | -0.17 | 0.01 | 0.13 | 58 | Oil & Gas | RFDA vs DBO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RFDA
Add RFDA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RFDA