Looking to diversify beyond RFIX? The ETFs below have the lowest correlation with RFIX — 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 RFIX.
Best Diversifiers for RFIX
1047 ETFs have low correlation with RFIX (below 0.3), 429 of which are negatively correlated. The least correlated is First Trust Alternative Absolute Return Strategy ETF (FAAR) (Commodities) with a 1Y correlation of -0.22, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.22 | -0.17 | -0.17 | 90 | Commodities | RFIX vs FAAR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.19 | -0.13 | -0.13 | 100 | Government Bonds, Ultrashort Bond | RFIX vs BIL | |
| Invesco DB Oil Fund | -0.19 | — | — | 65 | Oil & Gas | RFIX vs DBO | |
| DoubleLine Commodity Strategy ETF | -0.19 | -0.15 | -0.15 | 76 | Commodities | RFIX vs DCMT | |
| Invesco DB Energy Fund | -0.18 | — | — | 71 | Oil & Gas | RFIX vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RFIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RFIX and solid risk/return profiles. The least correlated is Alphabet Inc. Class A (GOOGL) (Communication Services) with a 1Y correlation of -0.04, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alphabet Inc. Class A | -0.04 | -0.07 | -0.07 | 96 | Communication Services |
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