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
264 ETFs have low correlation with RTX (below 0.3), 2 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.08, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.08 | -0.03 | -0.03 | 100 | Ultrashort Bond | RTX vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | RTX vs BIL | |
| US Treasury 3 Month Bill ETF | 0.01 | 0.00 | — | 100 | Ultrashort Bond | RTX vs TBIL | |
| Janus Henderson AAA CLO ETF | 0.02 | 0.07 | 0.06 | 98 | CLO | RTX vs JAAA | |
| Janus Henderson B-BBB CLO ETF | 0.06 | 0.07 | 0.08 | 51 | CLO | RTX vs JBBB |
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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 TotalEnergies SE (TTE) (Energy) with a 1Y correlation of -0.03, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TotalEnergies SE | -0.03 | 0.08 | 0.12 | 90 | Energy | |
| Dow Inc. | -0.03 | 0.14 | 0.29 | 60 | Basic Materials | |
| Verizon Communications Inc. | -0.03 | 0.08 | 0.18 | 59 | Communication Services | |
| Okta, Inc. | -0.02 | 0.07 | 0.13 | 53 | Technology | |
| Phillips 66 | -0.02 | 0.17 | 0.30 | 87 | Energy |
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Build a portfolio that complements RTX
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