Looking to balance out your exposure to RAIL? The ETFs below have the lowest correlation with RAIL — they tend to move on their own, which can help reduce risk when RAIL drops. The stock ideas table highlights individual companies that behave independently from RAIL.
Best Diversifiers for RAIL
1 ETFs have low correlation with RAIL (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.22, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.22 | 0.15 | 0.24 | 91 | Dividend | RAIL vs SCHD | |
| Vanguard S&P 500 ETF | 0.39 | 0.30 | 0.33 | 66 | S&P 500 | RAIL vs VOO | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.30 | 0.33 | 65 | S&P 500 | RAIL vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RAIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RAIL and solid risk/return profiles. The least correlated is SM Energy Company (SM) (Energy) with a 1Y correlation of -0.05, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| SM Energy Company | -0.05 | 0.10 | 0.18 | 58 | Energy | |
| Texas Pacific Land Corporation | 0.06 | 0.12 | 0.19 | 62 | Energy | |
| USA Rare Earth, Inc | 0.18 | — | — | 52 | Basic Materials | |
| Deere & Company | 0.21 | 0.15 | 0.24 | 63 | Industrials | |
| Applied Optoelectronics, Inc. | 0.23 | 0.22 | 0.23 | 89 | Technology |
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