Looking to diversify beyond RSPR? The ETFs below have the lowest correlation with RSPR — 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 RSPR.
Best Diversifiers for RSPR
718 ETFs have low correlation with RSPR (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.34, down from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.34 | -0.24 | -0.17 | 61 | Leveraged Currency | RSPR vs YCS | |
| Fidelity Managed Futures ETF | -0.10 | — | — | 64 | Systematic Trend | RSPR vs FFUT | |
| VanEck Commodity Strategy ETF | -0.06 | -0.04 | — | 55 | Commodities | RSPR vs PIT | |
| iShares Diversified Commodity Swap UCITS ETF | -0.06 | 0.00 | — | 77 | Commodities | RSPR vs ISCMF | |
| First Trust Alternative Absolute Return Strategy E... | -0.06 | -0.03 | -0.02 | 70 | Commodities | RSPR vs FAAR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RSPR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RSPR and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.20, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.20 | 0.22 | 0.34 | 88 | Technology | |
| Welltower Inc. | 0.45 | 0.59 | 0.66 | 85 | Real Estate | |
| Annaly Capital Management, Inc. | 0.51 | 0.55 | 0.57 | 81 | Real Estate | |
| Physicians Realty Trust | 0.70 | 0.76 | 0.78 | 68 | Real Estate |
Build a portfolio that complements RSPR
Add RSPR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RSPR