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
1104 ETFs have low correlation with RIGS (below 0.3), 68 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Energy Equities) with a 1Y correlation of -0.17, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.17 | 0.08 | 0.13 | 77 | Energy Equities | RIGS vs ENFR | |
| VanEck Energy Income ETF | -0.17 | 0.08 | 0.13 | 81 | Energy Equities | RIGS vs EINC | |
| Invesco DB Energy Fund | -0.16 | -0.08 | -0.03 | 53 | Oil & Gas | RIGS vs DBE | |
| Barclays ETN+ Select MLP ETN | -0.16 | 0.07 | 0.11 | 61 | MLPs | RIGS vs ATMP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.16 | -0.04 | -0.00 | 100 | Government Bonds, Ultrashort Bond | RIGS vs BIL |
See all 1128 diversifiers for RIGS
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