Looking to diversify beyond RNEM? The ETFs below have the lowest correlation with RNEM — 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 RNEM.
Best Diversifiers for RNEM
165 ETFs have low correlation with RNEM (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.33, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.33 | -0.27 | -0.28 | 57 | Cryptocurrency | RNEM vs BITI | |
| Invesco DB Energy Fund | -0.31 | -0.04 | 0.09 | 53 | Oil & Gas | RNEM vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.29 | — | — | 98 | Inflation-Protected Bonds | RNEM vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | 0.08 | 0.17 | 51 | Commodities | RNEM vs GSG | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 96 | Inflation-Protected Bonds | RNEM vs IBID |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RNEM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RNEM and solid risk/return profiles. The least correlated is Omega Healthcare Investors, Inc. (OHI) (Real Estate) with a 1Y correlation of 0.02, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Omega Healthcare Investors, Inc. | 0.02 | 0.10 | 0.20 | 89 | Real Estate |
Build a portfolio that complements RNEM
Add RNEM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RNEM