Looking to diversify beyond ROBT? The ETFs below have historically moved differently from ROBT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ROBT
349 ETFs have low correlation with ROBT (below 0.3), 85 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.52 | — | — | 69 | Derivative Income | ROBT vs WNTR | |
| ProShares Short Bitcoin ETF | -0.51 | -0.40 | — | 51 | Cryptocurrency | ROBT vs BITI | |
| Invesco DB Energy Fund | -0.27 | -0.07 | 0.05 | 66 | Oil & Gas | ROBT vs DBE | |
| YieldMax XOM Option Income Strategy ETF | -0.24 | -0.00 | -0.00 | 52 | Derivative Income, Dividend | ROBT vs XOMO | |
| Invesco DB Oil Fund | -0.22 | -0.04 | 0.06 | 51 | Oil & Gas | ROBT vs DBO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ROBT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.31, down from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.31 | -0.07 | 0.06 | 87 | Consumer Defensive | |
| Philip Morris International Inc. | -0.23 | -0.01 | 0.09 | 64 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.21 | 0.00 | 0.12 | 85 | Energy | |
| Johnson & Johnson | -0.19 | -0.06 | 0.03 | 96 | Healthcare | |
| Chevron Corporation | -0.18 | 0.02 | 0.12 | 79 | Energy |
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