Looking to balance out your exposure to RXO? The ETFs below have the lowest correlation with RXO — they tend to move on their own, which can help reduce risk when RXO drops. The stock ideas table highlights individual companies that behave independently from RXO.
Best Diversifiers for RXO
0 ETFs have low correlation with RXO (below 0.3), 0 of which are negatively correlated. The least correlated is Capital Group Dividend Value ETF (CGDV) (Large Cap Value Equities) with a 1Y correlation of 0.35, roughly unchanged from 0.44 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Capital Group Dividend Value ETF | 0.35 | 0.44 | — | 80 | Large Cap Value Equities, Dividend | RXO vs CGDV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RXO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RXO and solid risk/return profiles. The least correlated is GXO Logistics, Inc. (GXO) (Industrials) with a 1Y correlation of 0.50, roughly unchanged from 0.52 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GXO Logistics, Inc. | 0.50 | 0.52 | — | 56 | Industrials | |
| C.H. Robinson Worldwide, Inc. | 0.52 | 0.48 | — | 91 | Industrials | |
| Knight-Swift Transportation Holdings Inc. | 0.59 | 0.58 | — | 87 | Industrials | |
| XPO Logistics, Inc. | 0.63 | 0.55 | — | 88 | Industrials | |
| Schneider National, Inc. | 0.65 | 0.59 | — | 78 | Industrials |
Build a portfolio that complements RXO
Add RXO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RXO