Looking to balance out your exposure to RMR? The ETFs below have the lowest correlation with RMR — they tend to move on their own, which can help reduce risk when RMR drops. The stock ideas table highlights individual companies that behave independently from RMR.
Best Diversifiers for RMR
2 ETFs have low correlation with RMR (below 0.3), 0 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 0.22, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.22 | 0.34 | 0.43 | 66 | S&P 500 | RMR vs SPY | |
| Vanguard S&P 500 ETF | 0.22 | 0.34 | 0.43 | 67 | S&P 500 | RMR vs VOO | |
| Vanguard High Dividend Yield ETF | 0.31 | 0.48 | 0.54 | 82 | Dividend | RMR vs VYM |
Diversification Analysis
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