RMD correlations (ResMed)
Which assets move with RMD and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Health Care · Health Care Equipment
Volatility (ann.)
31.2%
3y weekly
Beta vs S&P 500
0.79
3y weekly
1-year return
-15.5%
price, adjusted
5-year return
-14.6%
price, adjusted
Market cap
$34.0B
latest
P/E ratio
22.6
trailing
Dividend yield
1.02%
trailing
Max drawdown
-37.3%
3y, daily closes
RMD over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with RMD
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| EXPO | Exponent, Inc. | 0.46 | |
| EFX | Equifax | 0.46 | |
| GEHC | GE HealthCare | 0.45 | |
| PODD | Insulet Corporation | 0.45 | |
| EVT | Eaton Vance Tax Advantaged Dividend Income Fund | 0.45 | |
| MDT | Medtronic | 0.45 | |
| MA | Mastercard | 0.45 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.45 | |
| NRO | Neuberger Real Estate Securities Income Fund Inc. | 0.44 | |
| USA | Liberty All-Star Equity Fund | 0.44 | |
| COO | Cooper Companies (The) | 0.43 | |
| TRU | TransUnion | 0.43 | |
| GAM | General American Investors, Inc. | 0.43 | |
| RFI | Cohen & Steers Total Return Realty Fund, Inc. | 0.43 | |
| DGRO | iShares Core Dividend Growth ETF | 0.43 |
Best diversifiers for RMD
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from RMD.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.28 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.24 | |
| REED | Reed's, Inc. | -0.23 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.22 | |
| HURA | TuHURA Biosciences, Inc. | -0.19 | |
| EJH | E-Home Household Service Holdings Limited | -0.19 | |
| ZCMD | Zhongchao Inc. - Class A | -0.18 | |
| JDZG | JIADE LIMITED - Class A | -0.18 | |
| ASTC | Astrotech Corporation | -0.16 | |
| MCI | Barings Corporate Investors | -0.16 |
RMD vs benchmarks
RMD vs its peers
Get RMD data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/rmd.jsonCorrelations, diversifiers, beta and volatility for RMD, plus one endpoint per pair. API documentation.
RMD inside major ETFs
| ETF | RMD weight | |
|---|---|---|
| XLV | Health Care Select Sector SPDR Fund | 0.55% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.23% |
| VIG | Vanguard Dividend Appreciation ETF | 0.13% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.12% |
| VUG | Vanguard Growth ETF | 0.11% |
| DGRO | iShares Core Dividend Growth ETF | 0.09% |
| IVV | iShares Core S&P 500 ETF | 0.05% |
| SPY | SPDR S&P 500 ETF Trust | 0.05% |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.05% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.05% |
