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
2 ETFs have low correlation with RVMD (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Tax-Exempt Bond ETF (VTEB) (Municipal Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.17 | 0.14 | 0.12 | 79 | Municipal Bonds | RVMD vs VTEB | |
| Invesco QQQ ETF | 0.29 | 0.32 | 0.37 | 64 | Nasdaq-100 | RVMD vs QQQ | |
| Vanguard Total International Stock ETF | 0.32 | 0.33 | 0.37 | 62 | Global Equities | RVMD vs VXUS | |
| Vanguard S&P 500 ETF | 0.33 | 0.38 | 0.39 | 63 | S&P 500 | RVMD vs VOO | |
| Vanguard Total Stock Market ETF | 0.35 | 0.40 | 0.42 | 64 | Large Cap Blend Equities | RVMD vs VTI |
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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 Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.01, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.01 | 0.13 | 0.15 | 72 | Energy | |
| CVS Health Corporation | 0.06 | 0.14 | 0.13 | 88 | Healthcare | |
| Entergy Corporation | 0.08 | 0.15 | 0.13 | 91 | Utilities | |
| Ubiquiti Inc. | 0.08 | 0.22 | 0.30 | 63 | Technology | |
| C.H. Robinson Worldwide, Inc. | 0.11 | 0.16 | 0.15 | 92 | Industrials |
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