Looking to diversify beyond RISN? The ETFs below have historically moved differently from RISN, 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 RISN
209 ETFs have low correlation with RISN (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.24, roughly unchanged from -0.29 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.24 | -0.29 | — | 61 | Cryptocurrency | RISN vs BITI | |
| Invesco DB Energy Fund | -0.23 | -0.08 | 0.04 | 72 | Oil & Gas | RISN vs DBE | |
| United States Brent Oil Fund LP | -0.21 | -0.07 | 0.03 | 52 | Oil & Gas | RISN vs BNO | |
| Invesco DB Oil Fund | -0.21 | -0.07 | 0.04 | 58 | Oil & Gas | RISN vs DBO | |
| Alpha Architect Tail Risk ETF | -0.21 | -0.05 | — | 56 | Options Trading | RISN vs CAOS |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RISN
Add RISN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RISN