Looking to diversify beyond RWLC? The ETFs below have the lowest correlation with RWLC — 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 RWLC.
Best Diversifiers for RWLC
244 ETFs have low correlation with RWLC (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.39, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.39 | -0.33 | -0.34 | 57 | Cryptocurrency | RWLC vs BITI | |
| Invesco DB Energy Fund | -0.16 | -0.02 | — | 53 | Oil & Gas | RWLC vs DBE | |
| Barclays ETN+ Select MLP ETN | -0.15 | 0.22 | 0.35 | 61 | MLPs | RWLC vs ATMP | |
| VanEck Energy Income ETF | -0.15 | 0.23 | — | 81 | Energy Equities | RWLC vs EINC | |
| Alerian Energy Infrastructure ETF | -0.14 | 0.24 | 0.40 | 77 | Energy Equities | RWLC vs ENFR |
See all 1140 diversifiers for RWLC
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