Looking to balance out your exposure to RELL? The ETFs below have the lowest correlation with RELL — they tend to move on their own, which can help reduce risk when RELL drops. The stock ideas table highlights individual companies that behave independently from RELL.
Best Diversifiers for RELL
0 ETFs have low correlation with RELL (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.55, up from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.55 | 0.43 | 0.42 | 70 | S&P 500 | RELL vs VOO | |
| State Street SPDR S&P 500 ETF | 0.55 | 0.43 | 0.42 | 70 | S&P 500 | RELL vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RELL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RELL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.02 | 0.07 | 69 | Consumer Defensive |
Build a portfolio that complements RELL
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