Looking to diversify beyond RWK? The ETFs below have historically moved differently from RWK, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RWK
269 ETFs have low correlation with RWK (below 0.3), 54 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.34 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | RWK vs SBIT | |
| ProShares Short Bitcoin ETF | -0.34 | -0.32 | — | 61 | Cryptocurrency | RWK vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 61 | Inverse Equities, Leveraged Equities | RWK vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | — | — | 75 | Derivative Income | RWK vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.31 | -0.10 | — | 56 | Options Trading | RWK vs CAOS |
See all 1732 diversifiers for RWK
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