Looking to diversify beyond ROMO? The ETFs below have the lowest correlation with ROMO — 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 ROMO.
Best Diversifiers for ROMO
120 ETFs have low correlation with ROMO (below 0.3), 19 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.21, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.01 | -0.01 | 98 | Inflation-Protected Bonds | ROMO vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 95 | Inflation-Protected Bonds | ROMO vs IBID | |
| TCW AAA CLO ETF | -0.11 | — | — | 99 | CLO | ROMO vs ACLO | |
| Brookstone Ultra-Short Bond ETF | -0.10 | — | — | 98 | Ultrashort Bond | ROMO vs BAMU | |
| First Trust Alternative Absolute Return Strategy E... | -0.09 | 0.00 | 0.01 | 75 | Commodities | ROMO vs FAAR |
See all 1075 diversifiers for ROMO
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