Looking to balance out your exposure to RIOT? The ETFs below have the lowest correlation with RIOT — they tend to move on their own, which can help reduce risk when RIOT drops. The stock ideas table highlights individual companies that behave independently from RIOT.
Best Diversifiers for RIOT
50 ETFs have low correlation with RIOT (below 0.3), 6 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.09 | -0.04 | -0.03 | 100 | Government Bonds, Ultrashort Bond | RIOT vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.09 | -0.02 | -0.00 | 100 | Ultrashort Bond | RIOT vs SGOV | |
| United States Oil Fund LP | -0.08 | 0.02 | 0.06 | 66 | Oil & Gas | RIOT vs USO | |
| Alpha Architect 1-3 Month Box ETF | -0.07 | -0.01 | -0.01 | 100 | Ultrashort Bond | RIOT vs BOXX | |
| US Treasury 3 Month Bill ETF | -0.03 | -0.02 | -0.02 | 100 | Ultrashort Bond | RIOT vs TBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RIOT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RIOT and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) 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 | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.21 | -0.08 | -0.03 | 59 | Communication Services | |
| Chubb Limited | -0.20 | -0.07 | 0.02 | 51 | Financial Services | |
| The Coca-Cola Company | -0.13 | -0.03 | 0.02 | 66 | Consumer Defensive | |
| Altria Group, Inc. | -0.10 | 0.04 | 0.06 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.08 | -0.04 | -0.03 | 53 | Utilities |
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Build a portfolio that complements RIOT
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