Looking to diversify beyond RSPT? The ETFs below have the lowest correlation with RSPT — 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 RSPT.
Best Diversifiers for RSPT
339 ETFs have low correlation with RSPT (below 0.3), 60 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | RSPT vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.42 | -0.34 | -0.37 | 57 | Cryptocurrency | RSPT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | RSPT vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 70 | Derivative Income | RSPT vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.21 | -0.18 | -0.26 | 51 | Currency | RSPT vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RSPT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RSPT and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.23, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.23 | -0.08 | 0.04 | 57 | Communication Services | |
| Cheniere Energy, Inc. | -0.18 | 0.05 | 0.17 | 58 | Energy | |
| Exxon Mobil Corporation | -0.16 | 0.01 | 0.15 | 75 | Energy | |
| Berkshire Hathaway Inc. | -0.08 | 0.15 | 0.35 | 53 | Financial Services | |
| PPL Corporation | -0.08 | -0.01 | 0.16 | 58 | Utilities |
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Build a portfolio that complements RSPT
Add RSPT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RSPT