Looking to diversify beyond RSPA? The ETFs below have the lowest correlation with RSPA — 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 RSPA.
Best Diversifiers for RSPA
288 ETFs have low correlation with RSPA (below 0.3), 60 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | — | — | 71 | Oil & Gas | RSPA vs DBE | |
| United States Oil Fund LP | -0.21 | — | — | 66 | Oil & Gas | RSPA vs USO | |
| United States 12 Month Oil Fund LP | -0.21 | — | — | 56 | Oil & Gas | RSPA vs USL | |
| United States Gasoline Fund LP | -0.21 | — | — | 69 | Oil & Gas | RSPA vs UGA | |
| United States Brent Oil Fund LP | -0.20 | -0.04 | -0.04 | 65 | Oil & Gas | RSPA vs BNO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RSPA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RSPA and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of 0.05, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.05 | 0.29 | 0.29 | 69 | Energy | |
| NVIDIA Corporation | 0.20 | — | — | 78 | Technology | |
| Alphabet Inc Class A | 0.29 | — | — | 96 | Communication Services | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.36 | — | — | 95 | Technology |
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