Looking to diversify beyond ROCY? The ETFs below have the lowest correlation with ROCY — 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 ROCY.
Best Diversifiers for ROCY
174 ETFs have low correlation with ROCY (below 0.3), 61 of which are negatively correlated. The least correlated is ProShares Ultra Oil & Gas (DIG) (Leveraged Equities) with a 1Y correlation of -0.46, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Oil & Gas | -0.46 | -0.46 | -0.46 | 53 | Leveraged Equities | ROCY vs DIG | |
| Bastion Energy ETF | -0.45 | -0.45 | -0.45 | 85 | Energy Equities | ROCY vs BESF | |
| Tortoise North American Pipeline Fund | -0.37 | -0.37 | -0.37 | 80 | Energy Equities | ROCY vs TPYP | |
| Invesco DB Commodity Index Tracking Fund | -0.32 | -0.32 | -0.32 | 56 | Commodities | ROCY vs DBC | |
| USCF Midstream Energy Income Fund ETF | -0.32 | -0.32 | -0.32 | 83 | Energy Equities | ROCY vs UMI |
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