Looking to diversify beyond RYJ? The ETFs below have the lowest correlation with RYJ — 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 RYJ.
Best Diversifiers for RYJ
188 ETFs have low correlation with RYJ (below 0.3), 28 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.05 | 0.14 | 71 | Oil & Gas | RYJ vs DBE | |
| United States Brent Oil Fund LP | -0.27 | -0.02 | 0.14 | 65 | Oil & Gas | RYJ vs BNO | |
| Invesco DB Oil Fund | -0.26 | -0.03 | 0.14 | 65 | Oil & Gas | RYJ vs DBO | |
| iShares Commodities Select Strategy ETF | -0.23 | 0.02 | 0.18 | 72 | Commodities | RYJ vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | 0.02 | 0.19 | 72 | Commodities | RYJ vs GSG |
See all 1197 diversifiers for RYJ
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