Looking to diversify beyond RPAR? The ETFs below have the lowest correlation with RPAR — 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 RPAR.
Best Diversifiers for RPAR
182 ETFs have low correlation with RPAR (below 0.3), 54 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.40, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.40 | -0.40 | -0.41 | 73 | Leveraged Currency | RPAR vs YCS | |
| ProShares Short Bitcoin ETF | -0.35 | -0.21 | -0.24 | 52 | Cryptocurrency | RPAR vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | -0.28 | -0.28 | 70 | Inverse Equities, Leveraged Equities | RPAR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 73 | Derivative Income | RPAR vs WNTR | |
| Invesco DB Energy Fund | -0.28 | -0.08 | 0.06 | 57 | Oil & Gas | RPAR vs DBE |
See all 1565 diversifiers for RPAR
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