Looking to balance out your exposure to REVG? The ETFs below have the lowest correlation with REVG — they tend to move on their own, which can help reduce risk when REVG drops. The stock ideas table highlights individual companies that behave independently from REVG.
Best Diversifiers for REVG
1 ETFs have low correlation with REVG (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of 0.26, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | 0.26 | 0.28 | 0.37 | 90 | Leveraged Equities, Semiconductors | REVG vs USD | |
| Vanguard S&P 500 ETF | 0.40 | 0.44 | 0.50 | 70 | S&P 500 | REVG vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from REVG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to REVG and solid risk/return profiles. The least correlated is Frontline Ltd. (FRO) (Energy) with a 1Y correlation of -0.04, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Frontline Ltd. | -0.04 | 0.10 | 0.15 | 89 | Energy | |
| Cardinal Health, Inc. | -0.00 | 0.09 | 0.19 | 68 | Healthcare | |
| Marathon Petroleum Corporation | 0.00 | 0.19 | 0.30 | 86 | Energy | |
| United Therapeutics Corporation | 0.03 | 0.09 | 0.12 | 86 | Healthcare | |
| Teekay Tankers Ltd. | 0.03 | 0.10 | 0.15 | 82 | Energy |
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