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) (Corporate Bonds) with a 1Y correlation of 0.07, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Low Duration Bond Factor ETF | 0.07 | 0.14 | 0.11 | 98 | Corporate Bonds | RDVT vs FLDR | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 0.20 | 0.31 | 0.36 | 80 | Alternative Energy Equities | RDVT vs GRID | |
| iShares MSCI Emerging Markets ex China ETF | 0.21 | 0.26 | 0.30 | 91 | Emerging Markets Equities | RDVT vs EMXC | |
| Dimensional International Small Cap ETF | 0.24 | 0.27 | 0.31 | 55 | Foreign Small & Mid Cap Equities | RDVT vs DFIS | |
| Vanguard FTSE Developed Markets ETF | 0.25 | 0.28 | 0.33 | 61 | 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 Pfizer Inc. (PFE) (Healthcare) with a 1Y correlation of 0.01, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pfizer Inc. | 0.01 | 0.07 | 0.08 | 64 | Healthcare | |
| Texas Instruments Incorporated | 0.05 | 0.19 | 0.26 | 80 | Technology | |
| Regency Centers Corporation | 0.09 | 0.13 | 0.20 | 63 | Real Estate | |
| Intel Corporation | 0.11 | 0.18 | 0.22 | 98 | Technology | |
| Micron Technology, Inc. | 0.13 | 0.19 | 0.23 | 99 | Technology |
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Build a portfolio that complements RDVT
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