Looking to balance out your exposure to BB? The ETFs below have the lowest correlation with BB — they tend to move on their own, which can help reduce risk when BB drops. The stock ideas table highlights individual companies that behave independently from BB.
Best Diversifiers for BB
0 ETFs have low correlation with BB (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard FTSE All-World ex-US ETF (VEU) (Foreign Large Cap Equities) with a 1Y correlation of 0.31, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE All-World ex-US ETF | 0.31 | 0.43 | 0.50 | 56 | Foreign Large Cap Equities | BB vs VEU | |
| iShares Micro-Cap ETF | 0.41 | 0.51 | 0.59 | 75 | Small Cap Blend Equities | BB vs IWC | |
| State Street SPDR S&P 500 ETF | 0.41 | 0.46 | 0.54 | 59 | S&P 500 | BB vs SPY | |
| Vanguard S&P 500 ETF | 0.41 | 0.46 | 0.53 | 59 | S&P 500 | BB vs VOO | |
| Invesco QQQ ETF | 0.43 | 0.44 | 0.55 | 59 | Nasdaq-100 | BB vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BB and solid risk/return profiles. The least correlated is Plains All American Pipeline, L.P. (PAA) (Energy) with a 1Y correlation of -0.09, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Plains All American Pipeline, L.P. | -0.09 | 0.12 | 0.22 | 80 | Energy | |
| W. P. Carey Inc. | -0.07 | 0.16 | 0.19 | 72 | Real Estate | |
| Apache Corporation | -0.07 | 0.09 | 0.19 | 87 | Energy | |
| Dow Inc. | 0.03 | 0.20 | 0.27 | 55 | Basic Materials | |
| SK Telecom Co.,Ltd | 0.04 | 0.13 | 0.24 | 76 | Communication Services |
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