Looking to diversify beyond RJDI? The ETFs below have the lowest correlation with RJDI — 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 RJDI.
Best Diversifiers for RJDI
0 ETFs have low correlation with RJDI (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin International Low Volatility High Dividend Index ETF (LVHI) (Volatility Hedged Equity) with a 1Y correlation of 0.61, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 0.61 | 0.61 | 0.61 | 89 | Volatility Hedged Equity, Dividend | RJDI vs LVHI | |
| Global X Alternative Income ETF | 0.71 | 0.71 | 0.71 | 82 | Global Allocation, Dividend | RJDI vs ALTY |
Diversification Analysis
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