Looking to diversify beyond RODM? The ETFs below have the lowest correlation with RODM — 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 RODM.
Best Diversifiers for RODM
147 ETFs have low correlation with RODM (below 0.3), 17 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.31, roughly unchanged from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | -0.26 | -0.29 | 57 | Cryptocurrency | RODM vs BITI | |
| Invesco DB Energy Fund | -0.25 | -0.07 | 0.10 | 53 | Oil & Gas | RODM vs DBE | |
| TCW AAA CLO ETF | -0.19 | — | — | 99 | CLO | RODM vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | RODM vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | 0.05 | 0.18 | 51 | Commodities | RODM vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RODM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RODM and solid risk/return profiles. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of 0.19, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.19 | 0.32 | 0.39 | 92 | Real Estate | |
| Berkshire Hathaway Inc. | 0.20 | 0.36 | 0.50 | 53 | Financial Services | |
| NVIDIA Corporation | 0.21 | 0.28 | 0.42 | 65 | Technology | |
| Realty Income Corporation | 0.30 | 0.33 | 0.39 | 74 | Real Estate | |
| General Dynamics Corporation | 0.31 | 0.31 | 0.38 | 78 | Industrials |
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