Looking to diversify beyond RSPU? The ETFs below have the lowest correlation with RSPU — 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 RSPU.
Best Diversifiers for RSPU
1426 ETFs have low correlation with RSPU (below 0.3), 147 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.37 | -0.37 | -0.37 | 99 | Leveraged Equities, Semiconductors | RSPU vs MUU | |
| ProShares UltraShort Yen | -0.19 | -0.17 | -0.14 | 72 | Leveraged Currency | RSPU vs YCS | |
| Fidelity Managed Futures ETF | -0.16 | — | — | 71 | Systematic Trend | RSPU vs FFUT | |
| Fidelity Cloud Computing ETF | -0.14 | 0.05 | 0.15 | 54 | Technology Equities, Cloud Computing | RSPU vs FCLD | |
| First Trust Bloomberg Artificial Intelligence ETF | -0.13 | 0.00 | 0.00 | 57 | Technology Equities | RSPU vs FAI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RSPU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RSPU and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.10, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.10 | -0.04 | 0.04 | 65 | Technology | |
| Welltower Inc. | 0.44 | 0.49 | 0.51 | 92 | Real Estate | |
| Reaves Utility Income Trust | 0.50 | 0.64 | 0.69 | 74 | Financial Services | |
| Eversource Energy | 0.71 | 0.70 | 0.78 | 68 | Utilities |
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