Looking to diversify beyond RPV? The ETFs below have the lowest correlation with RPV — 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 RPV.
Best Diversifiers for RPV
573 ETFs have low correlation with RPV (below 0.3), 22 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.41, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.41 | -0.41 | -0.41 | 99 | Leveraged Equities, Semiconductors | RPV vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.20 | — | — | 68 | Inverse Equities, Leveraged Equities | RPV vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.19 | -0.26 | -0.29 | 57 | Cryptocurrency | RPV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.18 | -0.25 | -0.25 | 52 | Cryptocurrency, Leveraged Cryptocurrency | RPV vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.17 | -0.21 | -0.28 | 51 | Currency | RPV vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RPV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RPV and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.36, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.37 | 0.55 | 0.67 | 53 | Financial Services |
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