Looking to diversify beyond RNDV? The ETFs below have the lowest correlation with RNDV — 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 RNDV.
Best Diversifiers for RNDV
184 ETFs have low correlation with RNDV (below 0.3), 18 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.32, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.32 | -0.29 | -0.32 | 52 | Cryptocurrency | RNDV vs BITI | |
| Invesco DB Energy Fund | -0.17 | -0.03 | 0.12 | 57 | Oil & Gas | RNDV vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | RNDV vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.11 | 0.02 | 0.16 | 54 | Commodities | RNDV vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.10 | 0.02 | 0.16 | 52 | Commodities | RNDV vs COMT |
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