Looking to diversify beyond RHRX? The ETFs below have the lowest correlation with RHRX — 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 RHRX.
Best Diversifiers for RHRX
193 ETFs have low correlation with RHRX (below 0.3), 25 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.33 | -0.35 | 57 | Cryptocurrency | RHRX vs BITI | |
| Invesco DB Energy Fund | -0.19 | -0.03 | — | 53 | Oil & Gas | RHRX vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | RHRX vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 96 | Inflation-Protected Bonds | RHRX vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.12 | — | — | 99 | Ultrashort Bond | RHRX vs BAMU |
See all 1140 diversifiers for RHRX
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