Looking to balance out your exposure to RDVT? The ETFs below have the lowest correlation with RDVT — they tend to move on their own, which can help reduce risk when RDVT drops. The stock ideas table highlights individual companies that behave independently from RDVT.
Best Diversifiers for RDVT
7 ETFs have low correlation with RDVT (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Low Duration Bond Factor ETF (FLDR) (Short-Term Bond) with a 1Y correlation of 0.09, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Low Duration Bond Factor ETF | 0.09 | 0.14 | 0.12 | 98 | Short-Term Bond, Corporate Bonds | RDVT vs FLDR | |
| Fidelity MSCI Health Care Index ETF | 0.14 | 0.21 | 0.26 | 59 | Health & Biotech Equities | RDVT vs FHLC | |
| iShares MSCI Emerging Markets ex China ETF | 0.21 | 0.25 | 0.30 | 74 | Emerging Markets Equities | RDVT vs EMXC | |
| Fidelity Small-Mid Multifactor ETF | 0.23 | 0.35 | 0.39 | 62 | Small Cap Blend Equities | RDVT vs FSMD | |
| Vanguard FTSE Developed Markets ETF | 0.26 | 0.28 | 0.33 | 59 | Foreign Large Cap Equities | RDVT vs VEA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RDVT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RDVT and solid risk/return profiles. The least correlated is Texas Instruments Incorporated (TXN) (Technology) with a 1Y correlation of 0.02, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Texas Instruments Incorporated | 0.02 | 0.16 | 0.24 | 71 | Technology | |
| Pfizer Inc. | 0.02 | 0.05 | 0.07 | 56 | Healthcare | |
| Regency Centers Corporation | 0.06 | 0.11 | 0.19 | 83 | Real Estate | |
| Intel Corporation | 0.06 | 0.17 | 0.21 | 98 | Technology | |
| Micron Technology, Inc. | 0.11 | 0.19 | 0.23 | 99 | Technology |
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Build a portfolio that complements RDVT
Add RDVT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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