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Looking to diversify beyond RNRG? The ETFs below have the lowest correlation with RNRG — 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 RNRG.

Best Diversifiers for RNRG

175 ETFs have low correlation with RNRG (below 0.3), 19 of which are negatively correlated.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from RNRG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RNRG and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of 0.37, roughly unchanged from 0.45 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Reaves Utility Income Trust0.370.380.45
81
Financial Services

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Diversification Analysis

Build a portfolio that complements RNRG

Add RNRG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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