Looking to diversify beyond RTH? The ETFs below have the lowest correlation with RTH — 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 RTH.
Best Diversifiers for RTH
533 ETFs have low correlation with RTH (below 0.3), 54 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.70, roughly unchanged from -0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.70 | -0.70 | -0.70 | 99 | Leveraged Equities, Semiconductors | RTH vs MUU | |
| Invesco DB Energy Fund | -0.24 | -0.09 | 0.03 | 53 | Oil & Gas | RTH vs DBE | |
| United States Gasoline Fund LP | -0.22 | -0.06 | 0.03 | 78 | Oil & Gas | RTH vs UGA | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.20 | — | — | 68 | Inverse Equities, Leveraged Equities | RTH vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.20 | -0.25 | -0.25 | 52 | Cryptocurrency, Leveraged Cryptocurrency | RTH vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RTH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RTH and solid risk/return profiles. The least correlated is Western Midstream Partners, LP (WES) (Energy) with a 1Y correlation of 0.05, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Western Midstream Partners, LP | 0.05 | 0.20 | 0.28 | 80 | Energy | |
| Broadcom Inc. | 0.10 | 0.31 | 0.43 | 71 | Technology | |
| Cadence Design Systems, Inc. | 0.16 | 0.38 | 0.50 | 59 | Technology | |
| AbbVie Inc. | 0.16 | 0.24 | 0.25 | 79 | Healthcare | |
| W. R. Berkley Corporation | 0.18 | 0.21 | 0.29 | 59 | Financial Services |
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