Looking to diversify beyond RDIV? The ETFs below have the lowest correlation with RDIV — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from RDIV.
Best Diversifiers for RDIV
651 ETFs have low correlation with RDIV (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.11, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.11 | -0.08 | -0.04 | 63 | Leveraged Currency | RDIV vs YCS | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.09 | 0.08 | — | 68 | Municipal Bonds | RDIV vs BSMW | |
| Roundhill Weekly T-Bill ETF | -0.09 | — | — | 99 | Ultrashort Bond | RDIV vs WEEK | |
| WisdomTree Floating Rate Treasury Fund | -0.07 | -0.01 | -0.03 | 100 | Government Bonds, Ultrashort Bond | RDIV vs USFR | |
| Goldman Sachs Ultra Short Bond ETF | -0.06 | 0.04 | -0.01 | 99 | Ultrashort Bond | RDIV vs GSST |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RDIV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RDIV and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.10, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.10 | 0.06 | 0.21 | 72 | Technology | |
| Broadcom Inc. | -0.08 | 0.10 | 0.25 | 72 | Technology | |
| Micron Technology, Inc. | -0.01 | 0.15 | 0.26 | 99 | Technology | |
| Celestica Inc. | 0.03 | 0.17 | 0.32 | 88 | Technology | |
| CrowdStrike Holdings, Inc. | 0.04 | 0.16 | 0.21 | 65 | Technology |
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