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 Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.30, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.30 | 0.36 | 0.44 | 70 | S&P 500 | RMR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.30 | 0.36 | 0.44 | 70 | S&P 500 | RMR vs SPY | |
| Vanguard High Dividend Yield ETF | 0.39 | 0.50 | 0.55 | 77 | Dividend | RMR vs VYM |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RMR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RMR and solid risk/return profiles. The least correlated is PepsiCo, Inc. (PEP) (Consumer Defensive) with a 1Y correlation of 0.16, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| PepsiCo, Inc. | 0.16 | 0.22 | 0.25 | 56 | Consumer Defensive |
Build a portfolio that complements RMR
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