Looking to diversify beyond RJMI? The ETFs below have the lowest correlation with RJMI — 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 RJMI.
Best Diversifiers for RJMI
1 ETFs have low correlation with RJMI (below 0.3), 0 of which are negatively correlated. The least correlated is iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) (Municipal Bonds) with a 1Y correlation of 0.15, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Dec 2026 Term Muni Bond ETF | 0.15 | 0.15 | 0.15 | 86 | Municipal Bonds | RJMI vs IBMO | |
| Rareview Tax Advantaged Income ETF | 0.48 | 0.48 | 0.48 | 51 | Municipal Bonds | RJMI vs RTAI | |
| iShares Short-Term California Muni Active ETF | 0.51 | 0.51 | 0.51 | 93 | Municipal Bonds | RJMI vs CALI | |
| State Street My2027 Municipal Bond ETF | 0.54 | 0.54 | 0.54 | 97 | Municipal Bonds | RJMI vs MYMG | |
| Fidelity Systematic Municipal Bond Index ETF | 0.66 | 0.66 | 0.66 | 66 | Municipal Bonds | RJMI vs FMUN |
See all 7 diversifiers for RJMI
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