Looking to diversify beyond RWO? The ETFs below have the lowest correlation with RWO — 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 RWO.
Best Diversifiers for RWO
430 ETFs have low correlation with RWO (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.30 | -0.23 | 61 | Leveraged Currency | RWO vs YCS | |
| iShares Diversified Commodity Swap UCITS ETF | -0.13 | -0.02 | -0.03 | 77 | Commodities | RWO vs ISCMF | |
| VanEck Commodity Strategy ETF | -0.11 | -0.01 | 0.03 | 55 | Commodities | RWO vs PIT | |
| Fidelity Managed Futures ETF | -0.11 | -0.10 | -0.10 | 64 | Systematic Trend | RWO vs FFUT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.10 | 0.09 | 0.09 | 98 | Inflation-Protected Bonds | RWO vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RWO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RWO and solid risk/return profiles. The least correlated is Annaly Capital Management, Inc. (NLY) (Real Estate) with a 1Y correlation of 0.57, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Annaly Capital Management, Inc. | 0.57 | 0.60 | 0.61 | 81 | Real Estate | |
| W. P. Carey Inc. | 0.64 | 0.69 | 0.72 | 73 | Real Estate | |
| Prologis, Inc. | 0.77 | 0.80 | 0.80 | 88 | Real Estate |
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