Looking to diversify beyond RDVY? The ETFs below have the lowest correlation with RDVY — 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 RDVY.
Best Diversifiers for RDVY
208 ETFs have low correlation with RDVY (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.20, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.20 | -0.07 | -0.02 | 61 | Leveraged Currency | RDVY vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | RDVY vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.19 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | RDVY vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | RDVY vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | RDVY vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RDVY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RDVY and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.04, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.04 | 0.14 | 0.25 | 69 | Consumer Defensive | |
| WEC Energy Group, Inc. | 0.05 | 0.18 | 0.21 | 63 | Utilities | |
| Western Midstream Partners, LP | 0.07 | 0.33 | 0.41 | 73 | Energy | |
| Atmos Energy Corporation | 0.08 | 0.27 | 0.31 | 64 | Utilities | |
| AbbVie Inc. | 0.08 | 0.21 | 0.24 | 71 | Healthcare |
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Build a portfolio that complements RDVY
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