Looking to balance out your exposure to RZB? The ETFs below have the lowest correlation with RZB — they tend to move on their own, which can help reduce risk when RZB drops. The stock ideas table highlights individual companies that behave independently from RZB.
Best Diversifiers for RZB
1 ETFs have low correlation with RZB (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.13, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.13 | 0.21 | 0.31 | 74 | S&P 500 | RZB vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RZB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RZB and solid risk/return profiles. The least correlated is JPMorgan Chase & Co. (JPM) (Financial Services) with a 1Y correlation of 0.04, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co. | 0.04 | 0.09 | 0.15 | 66 | Financial Services |
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