Looking to diversify beyond RKLX? The ETFs below have the lowest correlation with RKLX — 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 RKLX.
Best Diversifiers for RKLX
10 ETFs have low correlation with RKLX (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 2x Micron Technology ETC GBP (2MU.L) (Leveraged Equities) with a 1Y correlation of 0.19, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2x Micron Technology ETC GBP | 0.19 | 0.19 | 0.19 | 98 | Leveraged Equities | RKLX vs 2MU.L | |
| GraniteShares 2x Long INTC Daily ETF | 0.19 | — | — | 96 | Leveraged Equities | RKLX vs INTW | |
| GraniteShares 2x Long DELL Daily ETF | 0.22 | — | — | 96 | Leveraged Equities | RKLX vs DLLL | |
| Leverage Shares 3x Long South Korea ETP Securities | 0.24 | 0.22 | 0.22 | 90 | South Korea Equities, Leveraged Equities, Asia Pacific Equities | RKLX vs 3KOR.L | |
| Hamilton Enhanced Canadian Bank ETF | 0.24 | 0.29 | 0.29 | 98 | Financials Equities, Canada Equities, Leveraged Equities | RKLX vs HCAL.TO |
See all 21 diversifiers for RKLX
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