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
178 ETFs have low correlation with RPAR (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.41 | -0.41 | 61 | Leveraged Currency | RPAR vs YCS | |
| Invesco DB Energy Fund | -0.32 | -0.06 | 0.06 | 71 | Oil & Gas | RPAR vs DBE | |
| United States Oil Fund LP | -0.30 | -0.05 | 0.06 | 66 | Oil & Gas | RPAR vs USO | |
| United States Gasoline Fund LP | -0.30 | -0.05 | 0.06 | 69 | Oil & Gas | RPAR vs UGA | |
| United States Brent Oil Fund LP | -0.29 | -0.05 | 0.05 | 65 | Oil & Gas | RPAR vs BNO |
See all 1593 diversifiers for RPAR
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