Looking to diversify beyond RFEU? The ETFs below have the lowest correlation with RFEU — 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 RFEU.
Best Diversifiers for RFEU
368 ETFs have low correlation with RFEU (below 0.3), 17 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.20, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.20 | -0.21 | -0.25 | 57 | Cryptocurrency | RFEU vs BITI | |
| Invesco DB Energy Fund | -0.12 | 0.02 | 0.12 | 53 | Oil & Gas | RFEU vs DBE | |
| Breakwave Dry Bulk Shipping ETF | -0.09 | -0.00 | 0.01 | 78 | Commodities | RFEU vs BDRY | |
| Goldman Sachs Ultra Short Bond ETF | -0.08 | 0.10 | 0.04 | 99 | Ultrashort Bond | RFEU vs GSST | |
| Breakwave Tanker Shipping ETF | -0.06 | -0.01 | — | 99 | Commodities | RFEU vs BWET |
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