Looking to diversify beyond RMIF? The ETFs below have historically moved differently from RMIF, 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 RMIF
138 ETFs have low correlation with RMIF (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.31 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.31 | — | 61 | Cryptocurrency | RMIF vs BITI | |
| Invesco DB Energy Fund | -0.32 | -0.11 | — | 72 | Oil & Gas | RMIF vs DBE | |
| United States Brent Oil Fund LP | -0.31 | -0.09 | — | 52 | Oil & Gas | RMIF vs BNO | |
| Invesco DB Oil Fund | -0.30 | -0.09 | — | 58 | Oil & Gas | RMIF vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.03 | — | 67 | Commodities | RMIF vs GSG |
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