Looking to balance out your exposure to BASE? The ETFs below have the lowest correlation with BASE — they tend to move on their own, which can help reduce risk when BASE drops. The stock ideas table highlights individual companies that behave independently from BASE.
Best Diversifiers for BASE
1 ETFs have low correlation with BASE (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.09, down from 0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.09 | 0.40 | — | 74 | S&P 500 | BASE vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BASE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BASE and solid risk/return profiles. The least correlated is Applied Digital Corporation (APLD) (Financial Services) with a 1Y correlation of 0.06, down from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Digital Corporation | 0.06 | 0.20 | — | 88 | Financial Services | |
| MongoDB, Inc. | 0.16 | 0.43 | — | 76 | Technology |
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