Looking to diversify beyond REZ? The ETFs below have the lowest correlation with REZ — 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 REZ.
Best Diversifiers for REZ
1210 ETFs have low correlation with REZ (below 0.3), 100 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.23 | -0.17 | 61 | Leveraged Currency | REZ vs YCS | |
| NestYield Dynamic Income ETF | -0.15 | -0.06 | -0.06 | 59 | Derivative Income | REZ vs EGGY | |
| NestYield Visionary ETF | -0.14 | -0.06 | -0.06 | 63 | Derivative Income | REZ vs EGGQ | |
| Roundhill Generative AI & Technology ETF | -0.13 | 0.08 | 0.08 | 93 | Technology Equities | REZ vs CHAT | |
| Alger AI Enablers & Adopters ETF | -0.13 | -0.02 | -0.02 | 68 | Technology Equities | REZ vs ALAI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from REZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to REZ and solid risk/return profiles. The least correlated is Advanced Micro Devices, Inc. (AMD) (Technology) with a 1Y correlation of -0.08, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. | -0.08 | 0.06 | 0.17 | 97 | Technology | |
| Walmart Inc. | 0.21 | 0.28 | 0.32 | 69 | Consumer Defensive | |
| Welltower Inc. | 0.72 | 0.76 | 0.76 | 85 | Real Estate |
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