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Looking to balance out your exposure to BATL? The ETFs below have the lowest correlation with BATL — they tend to move on their own, which can help reduce risk when BATL drops. The stock ideas table highlights individual companies that behave independently from BATL.

Best Diversifiers for BATL

0 ETFs have low correlation with BATL (below 0.3), 0 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of 0.41, up from 0.30 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
United States Oil Fund LP0.410.250.30
66
Oil & GasBATL vs USO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BATL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BATL and solid risk/return profiles. The least correlated is Opendoor Technologies Inc. (OPEN) (Real Estate) with a 1Y correlation of -0.05, down from 0.08 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Opendoor Technologies Inc.-0.050.030.08
96
Real Estate
Kraken Robotics Inc0.020.020.06
92
Technology
Satellogic V Inc0.100.050.06
72
Industrials
Viper Energy Partners LP0.220.190.26
60
Energy
Permian Resources Corporation0.250.21
81
Energy
See all 7 low-correlation stocks for BATL

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Diversification Analysis

Build a portfolio that complements BATL

Add BATL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with BATL