Looking to balance out your exposure to RLX? The ETFs below have the lowest correlation with RLX — they tend to move on their own, which can help reduce risk when RLX drops. The stock ideas table highlights individual companies that behave independently from RLX.
No Diversifiers Found for RLX
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RLX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RLX and solid risk/return profiles. The least correlated is Kraken Robotics Inc (KRKNF) (Technology) with a 1Y correlation of 0.01, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kraken Robotics Inc | 0.01 | 0.04 | 0.06 | 92 | Technology | |
| MSCI Inc. | 0.12 | 0.11 | 0.18 | 50 | Financial Services | |
| Opendoor Technologies Inc. | 0.12 | 0.15 | 0.23 | 96 | Real Estate |
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