Looking to diversify beyond RYLD? The ETFs below have the lowest correlation with RYLD — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from RYLD.
Best Diversifiers for RYLD
218 ETFs have low correlation with RYLD (below 0.3), 24 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.18, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.18 | -0.00 | 0.11 | 55 | Oil & Gas | RYLD vs UGA | |
| ProShares UltraShort Yen | -0.17 | -0.07 | -0.03 | 63 | Leveraged Currency | RYLD vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | RYLD vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 95 | Inflation-Protected Bonds | RYLD vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.00 | -0.01 | 100 | Government Bonds, Ultrashort Bond | RYLD vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RYLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RYLD and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.03, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.03 | 0.16 | 0.22 | 69 | Consumer Defensive | |
| Repsol SA | 0.03 | 0.19 | 0.27 | 93 | Energy | |
| Enterprise Products Partners L.P. | 0.03 | 0.27 | 0.35 | 85 | Energy | |
| Black Hills Corporation | 0.13 | 0.29 | 0.31 | 83 | Utilities | |
| TORM plc | 0.23 | 0.22 | 0.23 | 86 | Energy |
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Build a portfolio that complements RYLD
Add RYLD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RYLD