Looking to diversify beyond BABX? The ETFs below have the lowest correlation with BABX — 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 BABX.
Best Diversifiers for BABX
1102 ETFs have low correlation with BABX (below 0.3), 77 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | — | — | 53 | Inverse Equities | BABX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 60 | Inverse Equities, Leveraged Equities | BABX vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 65 | Derivative Income | BABX vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.19 | — | — | 51 | Multistrategy | BABX vs RSBY | |
| PIMCO 1-5 Year US TIPS Index ETF | -0.13 | 0.01 | 0.01 | 73 | Inflation-Protected Bonds | BABX vs STPZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BABX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BABX and solid risk/return profiles. The least correlated is Rigetti Computing Inc (RGTI) (Technology) with a 1Y correlation of 0.25, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rigetti Computing Inc | 0.25 | 0.22 | 0.22 | 57 | Technology | |
| Broadcom Inc. | 0.25 | 0.21 | — | 73 | Technology | |
| Amazon.com, Inc | 0.27 | 0.24 | — | 55 | Consumer Cyclical | |
| Arm Holdings plc American Depositary Shares | 0.30 | — | — | 85 | Technology | |
| Advanced Micro Devices, Inc. | 0.30 | 0.29 | — | 97 | Technology |
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