Looking to diversify beyond BALT? The ETFs below have historically moved differently from BALT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BALT
492 ETFs have low correlation with BALT (below 0.3), 81 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.31 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.31 | — | 51 | Cryptocurrency | BALT vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.33 | — | — | 69 | Derivative Income | BALT vs WNTR | |
| Invesco DB Energy Fund | -0.16 | -0.05 | 0.05 | 66 | Oil & Gas | BALT vs DBE | |
| Invesco DB Oil Fund | -0.13 | -0.03 | 0.06 | 51 | Oil & Gas | BALT vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | BALT vs IBIC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BALT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Murphy USA Inc. (MUSA) (Consumer Cyclical) with a 1Y correlation of -0.18, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | -0.18 | 0.07 | 0.13 | 87 | Consumer Cyclical | |
| Berkshire Hathaway Inc. | 0.10 | 0.30 | 0.42 | 61 | Financial Services | |
| Baidu, Inc. | 0.23 | 0.27 | 0.32 | 64 | Communication Services | |
| Pathward Financial, Inc. | 0.29 | 0.33 | 0.40 | 65 | Financial Services | |
| Intel Corporation | 0.30 | 0.41 | 0.46 | 98 | Technology |
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