Looking to diversify beyond RIGS? The ETFs below have the lowest correlation with RIGS — 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 RIGS.
Best Diversifiers for RIGS
1160 ETFs have low correlation with RIGS (below 0.3), 71 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.21, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | -0.08 | -0.03 | 71 | Oil & Gas | RIGS vs DBE | |
| United States Brent Oil Fund LP | -0.21 | -0.08 | -0.04 | 65 | Oil & Gas | RIGS vs BNO | |
| DoubleLine Commodity Strategy ETF | -0.20 | — | — | 74 | Commodities | RIGS vs DCMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.20 | -0.06 | -0.01 | 72 | Commodities | RIGS vs GSG | |
| Invesco DB Oil Fund | -0.20 | -0.07 | -0.03 | 65 | Oil & Gas | RIGS vs DBO |
See all 1195 diversifiers for RIGS
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