Looking to balance out your exposure to BB? The ETFs below have historically moved differently from BB, 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 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 0.35, down from 0.51 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE All-World ex-US ETF | 0.35 | 0.43 | 0.51 | 73 | Foreign Large Cap Equities | BB vs VEU | |
| iShares Semiconductor ETF | 0.42 | 0.42 | 0.50 | 90 | Semiconductors, Technology Equities | BB vs SOXX | |
| Innovator S&P 500 Buffer ETF - February | 0.42 | 0.42 | 0.53 | 86 | Options Trading, S&P 500 | BB vs BFEB | |
| Vanguard S&P 500 ETF | 0.44 | 0.45 | 0.54 | 78 | S&P 500 | BB vs VOO | |
| State Street SPDR S&P 500 ETF | 0.45 | 0.45 | 0.54 | 78 | S&P 500 | BB vs SPY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BB, 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 Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.11, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.11 | 0.03 | 0.12 | 68 | Energy | |
| Plains All American Pipeline, L.P. | -0.08 | 0.10 | 0.20 | 93 | Energy | |
| W. P. Carey Inc. | -0.07 | 0.14 | 0.18 | 75 | Real Estate | |
| Apache Corporation | -0.06 | 0.07 | 0.17 | 91 | Energy | |
| Berkshire Hathaway Inc. | -0.04 | 0.10 | 0.23 | 61 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BB
Add BB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BB