Looking to balance out your exposure to RTX? The ETFs below have the lowest correlation with RTX — they tend to move on their own, which can help reduce risk when RTX drops. The stock ideas table highlights individual companies that behave independently from RTX.
Best Diversifiers for RTX
240 ETFs have low correlation with RTX (below 0.3), 7 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.38, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.38 | -0.38 | -0.38 | 99 | Leveraged Equities, Semiconductors | RTX vs MUU | |
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.04 | -0.03 | 100 | Ultrashort Bond | RTX vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.07 | -0.03 | 100 | Government Bonds, Ultrashort Bond | RTX vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.04 | — | — | 100 | Ultrashort Bond | RTX vs VBIL | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.02 | 0.06 | 0.18 | 51 | Commodities | RTX vs PDBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RTX and solid risk/return profiles. The least correlated is Valero Energy Corporation (VLO) (Energy) with a 1Y correlation of -0.08, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Valero Energy Corporation | -0.08 | 0.10 | 0.24 | 94 | Energy | |
| Phillips 66 | -0.08 | 0.13 | 0.27 | 83 | Energy | |
| EOG Resources, Inc. | -0.07 | 0.12 | 0.28 | 60 | Energy | |
| Electronic Arts Inc. | -0.06 | 0.07 | 0.14 | 95 | Communication Services | |
| Devon Energy Corporation | -0.05 | 0.13 | 0.28 | 69 | Energy |
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