Looking to diversify beyond RDYY? The ETFs below have the lowest correlation with RDYY — 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 RDYY.
Best Diversifiers for RDYY
595 ETFs have low correlation with RDYY (below 0.3), 14 of which are negatively correlated. The least correlated is VanEck Vectors Morningstar Durable Dividend ETF (DURA) (Large Cap Blend Equities) with a 1Y correlation of -0.09, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Vectors Morningstar Durable Dividend ETF | -0.09 | -0.09 | -0.09 | 56 | Large Cap Blend Equities, Dividend | RDYY vs DURA | |
| Fidelity MSCI Energy Index ETF | -0.05 | -0.05 | -0.05 | 60 | Energy Equities | RDYY vs FENY | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.03 | -0.03 | -0.03 | 54 | Commodities | RDYY vs GSG | |
| Bny Mellon Global Infrastructure Income ETF | -0.03 | -0.03 | — | 79 | Energy Equities | RDYY vs BKGI | |
| Invesco DB Commodity Index Tracking Fund | -0.03 | -0.03 | -0.03 | 56 | Commodities | RDYY vs DBC |
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