Looking to balance out your exposure to RDDT? The ETFs below have the lowest correlation with RDDT — they tend to move on their own, which can help reduce risk when RDDT drops. The stock ideas table highlights individual companies that behave independently from RDDT.
Best Diversifiers for RDDT
11 ETFs have low correlation with RDDT (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | -0.03 | — | — | 83 | Dividend | RDDT vs SCHD | |
| Franklin International Low Volatility High Dividen... | -0.01 | — | — | 95 | Volatility Hedged Equity, Dividend | RDDT vs LVHI | |
| iShares 0-3 Month Treasury Bond ETF | 0.09 | — | — | 100 | Ultrashort Bond | RDDT vs SGOV | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.10 | — | — | 90 | Inflation-Protected Bonds | RDDT vs VTIP | |
| Vanguard High Dividend Yield ETF | 0.14 | — | — | 82 | Dividend | RDDT vs VYM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RDDT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RDDT and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.22 | — | — | 69 | Consumer Defensive | |
| Johnson & Johnson | -0.20 | — | — | 97 | Healthcare | |
| Verizon Communications Inc. | -0.19 | — | — | 57 | Communication Services | |
| Evergy, Inc. | -0.15 | — | — | 90 | Utilities | |
| W. R. Berkley Corporation | -0.11 | — | — | 54 | Financial Services |
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Build a portfolio that complements RDDT
Add RDDT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RDDT