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
923 ETFs have low correlation with RDIV (below 0.3), 47 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.43, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.43 | -0.43 | -0.43 | 99 | Leveraged Equities, Semiconductors | RDIV vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.17 | — | — | 68 | Inverse Equities, Leveraged Equities | RDIV vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.17 | -0.23 | -0.27 | 57 | Cryptocurrency | RDIV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.16 | -0.23 | -0.23 | 52 | Cryptocurrency, Leveraged Cryptocurrency | RDIV vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.15 | — | — | 70 | Derivative Income | RDIV vs WNTR |
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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 -0.14, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.14 | 0.04 | 0.21 | 65 | Technology | |
| Broadcom Inc. | -0.13 | 0.08 | 0.25 | 71 | Technology | |
| Micron Technology, Inc. | -0.04 | 0.13 | 0.25 | 99 | Technology | |
| Celestica Inc. | -0.02 | 0.16 | 0.31 | 85 | Technology | |
| Snowflake Inc. | -0.01 | 0.22 | 0.24 | 60 | Technology |
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