Looking to balance out your exposure to RVMD? The ETFs below have the lowest correlation with RVMD — they tend to move on their own, which can help reduce risk when RVMD drops. The stock ideas table highlights individual companies that behave independently from RVMD.
Best Diversifiers for RVMD
1 ETFs have low correlation with RVMD (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.27, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.27 | 0.30 | 0.37 | 73 | Nasdaq-100 | RVMD vs QQQ | |
| Vanguard Total Stock Market ETF | 0.35 | 0.39 | 0.42 | 68 | Large Cap Blend Equities | RVMD vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RVMD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RVMD and solid risk/return profiles. The least correlated is Cboe Global Markets, Inc. (CBOE) (Financial Services) with a 1Y correlation of 0.02, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | 0.02 | -0.07 | 0.07 | 68 | Financial Services | |
| Avis Budget Group, Inc. | 0.05 | 0.20 | 0.24 | 60 | Industrials | |
| CVS Health Corporation | 0.05 | 0.14 | 0.13 | 80 | Healthcare | |
| Ubiquiti Inc. | 0.08 | 0.22 | 0.29 | 62 | Technology | |
| GE Vernova Inc. | 0.10 | — | — | 87 | Utilities |
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