Looking to diversify beyond RND? The ETFs below have the lowest correlation with RND — 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 RND.
Best Diversifiers for RND
227 ETFs have low correlation with RND (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.44 | -0.44 | 52 | Cryptocurrency | RND vs BITI | |
| Invesco DB Energy Fund | -0.26 | -0.10 | -0.10 | 57 | Oil & Gas | RND vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | — | — | 98 | Inflation-Protected Bonds | RND vs IBIC | |
| ProShares Ultra Oil & Gas | -0.23 | — | — | 53 | Leveraged Equities | RND vs DIG | |
| Direxion Daily Energy Bull 2X Shares | -0.22 | -0.00 | -0.00 | 54 | Leveraged Equities | RND vs ERX |
See all 1154 diversifiers for RND
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