Looking to diversify beyond RSPE? The ETFs below have historically moved differently from RSPE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RSPE
146 ETFs have low correlation with RSPE (below 0.3), 35 of which are negatively correlated. The least correlated is Alpha Architect Tail Risk ETF (CAOS) (Options Trading) with a 1Y correlation of -0.35, down from -0.10 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.35 | -0.10 | — | 56 | Options Trading | RSPE vs CAOS | |
| Invesco DB Energy Fund | -0.35 | -0.13 | — | 72 | Oil & Gas | RSPE vs DBE | |
| ProShares Short Bitcoin ETF | -0.32 | -0.31 | — | 61 | Cryptocurrency | RSPE vs BITI | |
| United States Brent Oil Fund LP | -0.31 | -0.11 | — | 52 | Oil & Gas | RSPE vs BNO | |
| Invesco DB Oil Fund | -0.31 | -0.10 | — | 58 | Oil & Gas | RSPE vs DBO |
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