Looking to diversify beyond RITA? The ETFs below have historically moved differently from RITA, 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 RITA
608 ETFs have low correlation with RITA (below 0.3), 35 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.19, roughly unchanged from -0.12 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.19 | -0.12 | — | 66 | Oil & Gas | RITA vs DBE | |
| Invesco DB Oil Fund | -0.17 | -0.10 | — | 51 | Oil & Gas | RITA vs DBO | |
| ProShares Short Bitcoin ETF | -0.16 | -0.18 | — | 51 | Cryptocurrency | RITA vs BITI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.16 | -0.07 | — | 61 | Commodities | RITA vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.15 | -0.07 | 0.03 | 56 | Commodities | RITA vs COMT |
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