Looking to diversify beyond RSPG? The ETFs below have the lowest correlation with RSPG — 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 RSPG.
Best Diversifiers for RSPG
1398 ETFs have low correlation with RSPG (below 0.3), 851 of which are negatively correlated. The least correlated is Invesco BulletShares 2032 Municipal Bond ETF (BSMW) (Municipal Bonds) with a 1Y correlation of -0.30, down from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2032 Municipal Bond ETF | -0.30 | -0.09 | — | 68 | Municipal Bonds | RSPG vs BSMW | |
| BNY Mellon Ultra Short Income ETF | -0.29 | -0.14 | — | 99 | Ultrashort Bond | RSPG vs BKUI | |
| Avantis Credit ETF | -0.27 | -0.26 | -0.26 | 53 | Global Bonds | RSPG vs AVGB | |
| Fidelity Municipal Bond Opportunities ETF | -0.27 | -0.19 | -0.19 | 77 | Municipal Bonds | RSPG vs FMUB | |
| iShares iBonds Dec 2031 Term Muni Bond ETF | -0.24 | — | — | 54 | Municipal Bonds | RSPG vs IBMT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RSPG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RSPG and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of 0.59, roughly unchanged from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.59 | 0.60 | 0.66 | 72 | Energy |
Build a portfolio that complements RSPG
Add RSPG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RSPG