Looking to balance out your exposure to RBGLY? The ETFs below have historically moved differently from RBGLY, 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 RBGLY
4 ETFs have low correlation with RBGLY (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.06, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.06 | 0.12 | 0.20 | 71 | S&P 500 | RBGLY vs SPY | |
| Vanguard S&P 500 ETF | 0.06 | 0.12 | 0.20 | 72 | S&P 500 | RBGLY vs VOO | |
| iShares 0-3 Month Treasury Bond ETF | 0.13 | 0.03 | 0.01 | 100 | Ultrashort Bond | RBGLY vs SGOV | |
| JPMorgan International Value ETF | 0.15 | — | — | 91 | Foreign Large Cap Equities | RBGLY vs JIVE |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for RBGLY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.15, roughly unchanged from -0.08 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.15 | -0.08 | — | 76 | Technology | |
| Celestica Inc. | -0.12 | -0.06 | 0.03 | 76 | Technology | |
| Clear Secure, Inc. | 0.06 | 0.05 | 0.08 | 85 | Technology | |
| Ituran Location and Control Ltd. | 0.07 | 0.04 | 0.08 | 80 | Technology | |
| EZCORP, Inc. | 0.09 | 0.07 | 0.12 | 95 | Financial Services |
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