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
245 ETFs have low correlation with RSPA (below 0.3), 46 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.40 | -0.40 | 57 | Cryptocurrency | RSPA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | RSPA vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | -0.37 | -0.37 | 68 | Inverse Equities, Leveraged Equities | RSPA vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 70 | Derivative Income | RSPA vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.28 | — | — | 51 | Currency | RSPA vs UUP |
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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 0.02, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.02 | 0.27 | 0.27 | 84 | Energy | |
| NVIDIA Corporation | 0.18 | — | — | 65 | Technology | |
| Berkshire Hathaway Inc. | 0.27 | 0.43 | 0.43 | 53 | Financial Services | |
| Alphabet Inc. Class A | 0.29 | — | — | 96 | Communication Services | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.35 | — | — | 92 | Technology |
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Build a portfolio that complements RSPA
Add RSPA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RSPA