PortfoliosLab logoPortfoliosLab logo

Looking to balance out your exposure to REAX? The ETFs below have the lowest correlation with REAX — they tend to move on their own, which can help reduce risk when REAX drops. The stock ideas table highlights individual companies that behave independently from REAX.

Best Diversifiers for REAX

0 ETFs have low correlation with REAX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.34, roughly unchanged from 0.32 over 3 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
Invesco QQQ ETF0.340.32
73
Nasdaq-100REAX vs QQQ
State Street SPDR S&P 500 ETF0.400.35
70
S&P 500REAX vs SPY
Vanguard S&P 500 ETF0.400.35
70
S&P 500REAX vs VOO
iShares Russell 2000 ETF0.450.37
62
Small Cap Blend EquitiesREAX vs IWM

Rows per page

1–4 of 4

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from REAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to REAX and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.07, roughly unchanged from 0.16 over 3 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Eli Lilly and Company0.070.16
72
Healthcare
Equinix, Inc.0.190.20
64
Real Estate
Terreno Realty Corporation0.230.230.21
64
Real Estate

Rows per page

1–3 of 3

Diversification Analysis

Build a portfolio that complements REAX

Add REAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with REAX