Looking to diversify beyond RNMC? The ETFs below have the lowest correlation with RNMC — 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 RNMC.
Best Diversifiers for RNMC
281 ETFs have low correlation with RNMC (below 0.3), 35 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.25 | -0.04 | 0.13 | 71 | Oil & Gas | RNMC vs DBE | |
| Invesco DB Oil Fund | -0.24 | -0.01 | 0.13 | 65 | Oil & Gas | RNMC vs DBO | |
| United States Brent Oil Fund LP | -0.24 | -0.02 | 0.11 | 65 | Oil & Gas | RNMC vs BNO | |
| iShares Commodities Select Strategy ETF | -0.21 | 0.02 | 0.16 | 71 | Commodities | RNMC vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | 0.03 | 0.17 | 71 | Commodities | RNMC vs GSG |
See all 1151 diversifiers for RNMC
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