Looking to balance out your exposure to RRR? The ETFs below have the lowest correlation with RRR — they tend to move on their own, which can help reduce risk when RRR drops. The stock ideas table highlights individual companies that behave independently from RRR.
Best Diversifiers for RRR
1 ETFs have low correlation with RRR (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 0.24, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.24 | 0.44 | 0.49 | 70 | S&P 500 | RRR vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RRR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RRR and solid risk/return profiles. The least correlated is Amphenol Corporation (APH) (Technology) with a 1Y correlation of 0.21, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amphenol Corporation | 0.21 | 0.35 | 0.41 | 77 | Technology | |
| Las Vegas Sands Corp. | 0.37 | 0.40 | 0.47 | 58 | Consumer Cyclical | |
| Wynn Resorts, Limited | 0.47 | 0.48 | 0.54 | 56 | Consumer Cyclical | |
| MGM Resorts International | 0.48 | 0.58 | 0.63 | 75 | Consumer Cyclical | |
| Monarch Casino & Resort, Inc. | 0.49 | 0.56 | 0.62 | 80 | Consumer Cyclical |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RRR
Add RRR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RRR