Looking to diversify beyond RIGS? The ETFs below have historically moved differently from RIGS, 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 RIGS
1238 ETFs have low correlation with RIGS (below 0.3), 78 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Infrastructure Equities) with a 1Y correlation of -0.19, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.19 | 0.07 | 0.13 | 79 | Infrastructure Equities, Energy Equities | RIGS vs ENFR | |
| United States Brent Oil Fund LP | -0.19 | -0.10 | -0.04 | 52 | Oil & Gas | RIGS vs BNO | |
| Invesco DB Energy Fund | -0.18 | -0.10 | -0.03 | 72 | Oil & Gas | RIGS vs DBE | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.18 | — | — | 83 | Commodities | RIGS vs CERY | |
| DoubleLine Commodity Strategy ETF | -0.18 | — | — | 63 | Commodities | RIGS vs DCMT |
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