Looking to diversify beyond BAR? The ETFs below have historically moved differently from BAR, 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 BAR
1317 ETFs have low correlation with BAR (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.29, down from -0.14 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.29 | -0.14 | — | 51 | Cryptocurrency | BAR vs BITI | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.27 | -0.18 | -0.22 | 51 | Nontraditional Bonds | BAR vs RISR | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.24 | — | — | 69 | Derivative Income | BAR vs WNTR | |
| ProShares UltraShort Yen | -0.22 | -0.28 | -0.38 | 59 | Leveraged Currency | BAR vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | -0.06 | -0.06 | 97 | Inflation-Protected Bonds | BAR vs RBIL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BAR, 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 Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.09, down from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.09 | 0.04 | 0.07 | 66 | Communication Services | |
| The Coca-Cola Company | -0.06 | 0.04 | 0.06 | 87 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.03 | 0.07 | 0.10 | 85 | Energy | |
| Berkshire Hathaway Inc. | -0.01 | 0.00 | 0.03 | 61 | Financial Services | |
| American Express Company | 0.09 | 0.06 | 0.06 | 63 | Financial Services |
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