Looking to diversify beyond RLY? The ETFs below have the lowest correlation with RLY — 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 RLY.
Best Diversifiers for RLY
521 ETFs have low correlation with RLY (below 0.3), 28 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Roundhill Weekly T-Bill ETF | -0.18 | — | — | 99 | Ultrashort Bond | RLY vs WEEK | |
| ProShares UltraShort Yen | -0.18 | -0.19 | -0.15 | 63 | Leveraged Currency | RLY vs YCS | |
| Franklin Short Duration U.S. Government ETF | -0.08 | 0.04 | 0.05 | 95 | Mortgage Backed Securities | RLY vs FTSD | |
| iShares Short Maturity Municipal Bond ETF | -0.08 | -0.00 | 0.05 | 95 | Municipal Bonds | RLY vs MEAR | |
| Brookmont Catastrophic Bond ETF | -0.07 | — | — | 96 | Nontraditional Bonds | RLY vs ILS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RLY and solid risk/return profiles. The least correlated is Meta Financial Group, Inc. (CASH) (Financial Services) with a 1Y correlation of 0.16, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Meta Financial Group, Inc. | 0.16 | 0.27 | 0.36 | 53 | Financial Services |
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