Looking to diversify beyond ROKT? The ETFs below have the lowest correlation with ROKT — 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 ROKT.
Best Diversifiers for ROKT
266 ETFs have low correlation with ROKT (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.04 | -0.04 | 63 | Leveraged Currency | ROKT vs YCS | |
| SGI Enhanced Core ETF | -0.12 | — | — | 95 | Intermediate Core Bond | ROKT vs USDX | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | ROKT vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.07 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ROKT vs BIL | |
| Brookstone Ultra-Short Bond ETF | -0.11 | — | — | 98 | Ultrashort Bond | ROKT vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ROKT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ROKT and solid risk/return profiles. The least correlated is Eni S.p.A. (E) (Energy) with a 1Y correlation of 0.17, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eni S.p.A. | 0.17 | 0.25 | 0.34 | 91 | Energy | |
| Macy's, Inc. | 0.18 | 0.35 | 0.44 | 92 | Consumer Cyclical | |
| Lumentum Holdings Inc. | 0.28 | 0.41 | 0.47 | 99 | Technology | |
| Sandisk Corporation | 0.30 | — | — | 100 | Technology | |
| Seagate Technology plc | 0.30 | 0.36 | 0.45 | 99 | Technology |
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Build a portfolio that complements ROKT
Add ROKT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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