Looking to balance out your exposure to RRC? The ETFs below have the lowest correlation with RRC — they tend to move on their own, which can help reduce risk when RRC drops. The stock ideas table highlights individual companies that behave independently from RRC.
Best Diversifiers for RRC
5 ETFs have low correlation with RRC (below 0.3), 3 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of -0.06, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | -0.06 | 0.13 | 0.22 | 76 | Technology Equities | RRC vs VGT | |
| Vanguard S&P 500 ETF | -0.04 | 0.19 | 0.30 | 74 | S&P 500 | RRC vs VOO | |
| Invesco S&P 500 Momentum ETF | -0.03 | 0.19 | 0.30 | 75 | Momentum, S&P 500 | RRC vs SPMO | |
| iShares Silver Trust | 0.03 | 0.11 | 0.14 | 51 | Silver, Precious Metals | RRC vs SLV | |
| Janus Henderson AAA CLO ETF | 0.08 | 0.08 | 0.06 | 98 | CLO | RRC vs JAAA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RRC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RRC and solid risk/return profiles. The least correlated is BorgWarner Inc. (BWA) (Consumer Cyclical) with a 1Y correlation of -0.14, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BorgWarner Inc. | -0.14 | 0.12 | 0.25 | 96 | Consumer Cyclical | |
| Autoliv, Inc. | -0.14 | 0.10 | 0.20 | 70 | Consumer Cyclical | |
| AerCap Holdings N.V. | -0.12 | 0.13 | 0.27 | 65 | Industrials | |
| ON Semiconductor Corporation | -0.09 | 0.13 | 0.20 | 92 | Technology | |
| Roku, Inc. | -0.08 | 0.10 | 0.14 | 80 | Communication Services |
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Build a portfolio that complements RRC
Add RRC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RRC