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.
No Diversifiers Found for BATL
We do not have enough correlation history to rank diversifiers for this symbol yet.
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 -0.04, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Opendoor Technologies Inc. | -0.04 | 0.04 | 0.09 | 96 | Real Estate | |
| Kraken Robotics Inc | -0.01 | 0.01 | 0.05 | 87 | Technology | |
| Viper Energy Partners LP | 0.25 | 0.20 | 0.27 | 63 | Energy | |
| Permian Resources Corporation | 0.27 | 0.23 | — | 75 | Energy | |
| Diamondback Energy, Inc. | 0.33 | 0.25 | 0.29 | 76 | Energy |
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