Looking to diversify beyond RSP? The ETFs below have the lowest correlation with RSP — 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 RSP.
Best Diversifiers for RSP
222 ETFs have low correlation with RSP (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 65 | Inverse Equities, Leveraged Equities | RSP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 70 | Derivative Income | RSP vs WNTR | |
| ProShares Short Bitcoin ETF | -0.36 | -0.33 | -0.35 | 53 | Cryptocurrency | RSP vs BITI | |
| Invesco DB Energy Fund | -0.24 | -0.07 | 0.12 | 57 | Oil & Gas | RSP vs DBE | |
| ProShares UltraShort Yen | -0.22 | -0.10 | -0.06 | 72 | Leveraged Currency | RSP vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RSP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RSP and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.07 | 0.16 | 0.27 | 78 | Consumer Defensive | |
| Petróleo Brasileiro S.A. - Petrobras | -0.01 | 0.18 | 0.21 | 82 | Energy | |
| Exxon Mobil Corporation | -0.01 | 0.22 | 0.34 | 76 | Energy | |
| Chevron Corporation | 0.01 | 0.25 | 0.36 | 73 | Energy | |
| Suncor Energy Inc. | 0.01 | 0.21 | 0.34 | 90 | Energy |
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