Looking to balance out your exposure to ROST? The ETFs below have historically moved differently from ROST, 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 ROST
3 ETFs have low correlation with ROST (below 0.3), 1 of which are negatively correlated. The least correlated is iMGP DBi Managed Futures Strategy ETF (DBMF) (Systematic Trend) with a 1Y correlation of -0.01, roughly unchanged from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iMGP DBi Managed Futures Strategy ETF | -0.01 | 0.09 | 0.02 | 90 | Systematic Trend | ROST vs DBMF | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.02 | -0.03 | 0.02 | 100 | Government Bonds, Ultrashort Bond | ROST vs BIL | |
| ProShares Ultra Semiconductors | 0.14 | 0.24 | 0.36 | 52 | Leveraged Equities, Semiconductors | ROST vs USD | |
| State Street SPDR S&P 500 ETF | 0.33 | 0.45 | 0.54 | 67 | S&P 500 | ROST vs SPY | |
| Vanguard S&P 500 ETF | 0.33 | 0.45 | 0.54 | 68 | S&P 500 | ROST vs VOO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ROST, 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 Palo Alto Networks, Inc. (PANW) (Technology) with a 1Y correlation of -0.06, down from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Palo Alto Networks, Inc. | -0.06 | 0.15 | 0.23 | 88 | Technology | |
| Altria Group, Inc. | -0.05 | 0.08 | 0.15 | 66 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.04 | 0.01 | 0.12 | 84 | Energy | |
| Valero Energy Corporation | -0.04 | 0.04 | 0.11 | 98 | Energy | |
| Apache Corporation | -0.03 | 0.07 | 0.18 | 90 | Energy |
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