Looking to diversify beyond BAI? The ETFs below have the lowest correlation with BAI — 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 BAI.
Best Diversifiers for BAI
514 ETFs have low correlation with BAI (below 0.3), 87 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.41, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | -0.42 | -0.42 | 60 | Inverse Equities, Leveraged Equities | BAI vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 53 | Inverse Equities | BAI vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 65 | Derivative Income | BAI vs WNTR | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.22 | — | — | 70 | Large Cap Value Equities, Dividend | BAI vs FDL | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.20 | -0.13 | -0.13 | 52 | Derivative Income | BAI vs DOGG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BAI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BAI and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.19 | — | — | 71 | Energy | |
| Cheniere Energy, Inc. | -0.19 | 0.01 | 0.01 | 56 | Energy | |
| Northrop Grumman Corporation | -0.11 | -0.12 | -0.12 | 50 | Industrials | |
| Apple Inc | 0.27 | 0.31 | 0.31 | 90 | Technology | |
| Wheaton Precious Metals Corp. | 0.31 | 0.24 | 0.24 | 60 | Basic Materials |
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Build a portfolio that complements BAI
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