Looking to balance out your exposure to RLI? The ETFs below have the lowest correlation with RLI — they tend to move on their own, which can help reduce risk when RLI drops. The stock ideas table highlights individual companies that behave independently from RLI.
Best Diversifiers for RLI
1 ETFs have low correlation with RLI (below 0.3), 1 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of -0.04, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | -0.04 | 0.13 | 0.26 | 70 | S&P 500 | RLI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RLI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RLI and solid risk/return profiles. The least correlated is Caterpillar Inc. (CAT) (Industrials) with a 1Y correlation of -0.07, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Caterpillar Inc. | -0.07 | 0.12 | 0.25 | 98 | Industrials | |
| Lincoln Electric Holdings, Inc. | 0.12 | 0.26 | 0.36 | 75 | Industrials | |
| Annaly Capital Management, Inc. | 0.13 | 0.17 | 0.25 | 76 | Real Estate | |
| Prologis, Inc. | 0.19 | 0.24 | 0.29 | 83 | Real Estate | |
| Altria Group, Inc. | 0.20 | 0.24 | 0.29 | 69 | Consumer Defensive |
Build a portfolio that complements RLI
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