Looking to balance out your exposure to BAC? The ETFs below have the lowest correlation with BAC — they tend to move on their own, which can help reduce risk when BAC drops. The stock ideas table highlights individual companies that behave independently from BAC.
Best Diversifiers for BAC
98 ETFs have low correlation with BAC (below 0.3), 7 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.11, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.08 | -0.03 | 100 | Government Bonds, Ultrashort Bond | BAC vs BIL | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.02 | -0.03 | 100 | Government Bonds, Ultrashort Bond | BAC vs USFR | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.10 | 0.02 | 0.03 | 83 | Inflation-Protected Bonds | BAC vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | -0.09 | 0.03 | 0.03 | 85 | Inflation-Protected Bonds | BAC vs STIP | |
| Alpha Architect 1-3 Month Box ETF | -0.08 | -0.01 | — | 100 | Ultrashort Bond | BAC vs BOXX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BAC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BAC and solid risk/return profiles. The least correlated is Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of -0.08, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras | -0.08 | 0.15 | 0.20 | 75 | Energy | |
| Altria Group, Inc. | -0.05 | 0.15 | 0.24 | 72 | Consumer Defensive | |
| BP p.l.c. | -0.03 | 0.18 | 0.30 | 77 | Energy | |
| Duke Energy Corporation | -0.03 | 0.13 | 0.15 | 62 | Utilities | |
| The Coca-Cola Company | -0.01 | 0.08 | 0.18 | 74 | Consumer Defensive |
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