Looking to balance out your exposure to RLAY? The ETFs below have the lowest correlation with RLAY — they tend to move on their own, which can help reduce risk when RLAY drops. The stock ideas table highlights individual companies that behave independently from RLAY.
Best Diversifiers for RLAY
1 ETFs have low correlation with RLAY (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.21, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.21 | 0.32 | 0.32 | 80 | Dividend | RLAY vs SCHD | |
| Vanguard Total International Stock ETF | 0.34 | 0.41 | 0.39 | 60 | Global Equities | RLAY vs VXUS | |
| Schwab U.S. Broad Market ETF | 0.36 | 0.40 | 0.42 | 68 | Large Cap Blend Equities | RLAY vs SCHB |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RLAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RLAY and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.03, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.03 | 0.12 | 0.16 | 69 | Energy | |
| Curtiss-Wright Corporation | 0.11 | 0.22 | 0.19 | 87 | Industrials | |
| NVIDIA Corporation | 0.11 | 0.17 | 0.25 | 78 | Technology | |
| Dow Inc. | 0.12 | 0.22 | 0.21 | 60 | Basic Materials | |
| Credo Technology Group Holding Ltd | 0.15 | 0.24 | — | 85 | Technology |
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