Looking to balance out your exposure to BABA? The ETFs below have the lowest correlation with BABA — they tend to move on their own, which can help reduce risk when BABA drops. The stock ideas table highlights individual companies that behave independently from BABA.
Best Diversifiers for BABA
166 ETFs have low correlation with BABA (below 0.3), 13 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.11, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.01 | 0.02 | 100 | Government Bonds, Ultrashort Bond | BABA vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.05 | 0.03 | 100 | Government Bonds, Ultrashort Bond | BABA vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.09 | — | — | 100 | Ultrashort Bond | BABA vs VBIL | |
| iShares 0-5 Year TIPS Bond ETF | -0.09 | 0.02 | 0.02 | 85 | Inflation-Protected Bonds | BABA vs STIP | |
| iShares 0-3 Month Treasury Bond ETF | -0.08 | 0.01 | 0.05 | 100 | Ultrashort Bond | BABA vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BABA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BABA and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.14, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.14 | -0.00 | 0.08 | 69 | Financial Services | |
| Duke Energy Corporation | -0.13 | -0.00 | -0.01 | 62 | Utilities | |
| Altria Group, Inc. | -0.13 | 0.00 | 0.04 | 72 | Consumer Defensive | |
| The Southern Company | -0.11 | 0.04 | 0.01 | 55 | Utilities | |
| The Coca-Cola Company | -0.08 | 0.06 | 0.07 | 74 | Consumer Defensive |
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