Looking to diversify beyond RMIF? The ETFs below have the lowest correlation with RMIF — 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 RMIF.
Best Diversifiers for RMIF
120 ETFs have low correlation with RMIF (below 0.3), 40 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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.31 | — | 57 | Cryptocurrency | RMIF vs BITI | |
| Invesco DB Energy Fund | -0.31 | -0.10 | -0.08 | 53 | Oil & Gas | RMIF vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | -0.02 | — | 51 | Commodities | RMIF vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.20 | — | — | 51 | Commodities | RMIF vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.18 | 0.01 | 0.02 | 54 | Commodities | RMIF vs DBC |
See all 1127 diversifiers for RMIF
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