Looking to balance out your exposure to REPX? The ETFs below have the lowest correlation with REPX — they tend to move on their own, which can help reduce risk when REPX drops. The stock ideas table highlights individual companies that behave independently from REPX.
Best Diversifiers for REPX
4 ETFs have low correlation with REPX (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard Total World Stock ETF (VT) (Global Equities) with a 1Y correlation of -0.04, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Total World Stock ETF | -0.04 | 0.21 | 0.30 | 63 | Global Equities | REPX vs VT | |
| Vanguard S&P 500 ETF | -0.04 | 0.19 | 0.27 | 66 | S&P 500 | REPX vs VOO | |
| Vanguard Health Care ETF | 0.01 | 0.08 | 0.19 | 56 | Health & Biotech Equities | REPX vs VHT | |
| iShares 0-3 Month Treasury Bond ETF | 0.07 | 0.00 | -0.03 | 100 | Ultrashort Bond | REPX vs SGOV | |
| State Street Energy Select Sector SPDR ETF | 0.69 | 0.69 | 0.58 | 50 | Energy Equities | REPX vs XLE |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from REPX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to REPX and solid risk/return profiles. The least correlated is Coca-Cola Consolidated, Inc. (COKE) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca-Cola Consolidated, Inc. | -0.11 | 0.02 | 0.10 | 83 | Consumer Defensive | |
| Interactive Brokers Group, Inc. | -0.05 | 0.14 | 0.20 | 85 | Financial Services | |
| Innoviva, Inc. | -0.04 | 0.04 | 0.09 | 63 | Healthcare | |
| Colgate-Palmolive Company | -0.03 | -0.06 | -0.02 | 53 | Consumer Defensive | |
| Atlanticus Holdings Corporation | -0.02 | 0.26 | 0.28 | 77 | Financial Services |
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