Looking to balance out your exposure to RCI? The ETFs below have the lowest correlation with RCI — they tend to move on their own, which can help reduce risk when RCI drops. The stock ideas table highlights individual companies that behave independently from RCI.
Best Diversifiers for RCI
8 ETFs have low correlation with RCI (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson AAA CLO ETF (JAAA) (CLO) with a 1Y correlation of 0.06, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson AAA CLO ETF | 0.06 | 0.03 | 0.03 | 98 | CLO | RCI vs JAAA | |
| Vanguard Information Technology ETF | 0.12 | 0.17 | 0.22 | 58 | Technology Equities | RCI vs VGT | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.12 | 0.20 | — | 64 | Nasdaq-100, Derivative Income | RCI vs JEPQ | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.13 | 0.18 | 0.16 | 87 | Inflation-Protected Bonds | RCI vs VTIP | |
| State Street SPDR S&P 500 ETF | 0.17 | 0.28 | 0.31 | 60 | S&P 500 | RCI vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RCI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RCI and solid risk/return profiles. The least correlated is The Hershey Company (HSY) (Consumer Defensive) with a 1Y correlation of 0.01, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Hershey Company | 0.01 | 0.19 | 0.20 | 51 | Consumer Defensive | |
| Lumentum Holdings Inc. | 0.04 | 0.09 | 0.13 | 99 | Technology | |
| NVIDIA Corporation | 0.07 | 0.09 | 0.13 | 70 | Technology | |
| Apple Inc | 0.10 | 0.14 | 0.17 | 88 | Technology | |
| Acadia Healthcare Company, Inc. | 0.16 | 0.18 | 0.24 | 51 | Healthcare |
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