Looking to diversify beyond RZG? The ETFs below have historically moved differently from RZG, 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 RZG
173 ETFs have low correlation with RZG (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.38 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.38 | — | 51 | Cryptocurrency | RZG vs BITI | |
| Invesco DB Energy Fund | -0.34 | -0.06 | 0.09 | 66 | Oil & Gas | RZG vs DBE | |
| Invesco DB Oil Fund | -0.30 | -0.03 | 0.10 | 51 | Oil & Gas | RZG vs DBO | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.23 | 0.01 | 0.13 | 56 | Commodities | RZG vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | 0.02 | 0.14 | 61 | Commodities | RZG vs GSG |
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