Looking to balance out your exposure to BBAI? The ETFs below have the lowest correlation with BBAI — they tend to move on their own, which can help reduce risk when BBAI drops. The stock ideas table highlights individual companies that behave independently from BBAI.
Best Diversifiers for BBAI
7 ETFs have low correlation with BBAI (below 0.3), 0 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of 0.01, down from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.01 | 0.12 | — | 70 | Energy Equities | BBAI vs XLE | |
| iShares Core High Dividend ETF | 0.04 | 0.11 | — | 73 | Dividend, Large Cap Value Equities | BBAI vs HDV | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | 0.05 | 0.11 | — | 70 | Commodities | BBAI vs BCI | |
| Schwab U.S. Dividend Equity ETF | 0.20 | 0.24 | — | 85 | Dividend | BBAI vs SCHD | |
| Convergence Long/Short Equity ETF | 0.28 | 0.29 | — | 96 | Long-Short | BBAI vs CLSE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BBAI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBAI 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 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Plains All American Pipeline, L.P. | -0.09 | 0.08 | 0.09 | 89 | Energy | |
| Verizon Communications Inc. | -0.06 | -0.06 | — | 56 | Communication Services | |
| WEC Energy Group, Inc. | -0.05 | -0.02 | — | 57 | Utilities | |
| Enterprise Products Partners L.P. | -0.04 | 0.09 | 0.08 | 88 | Energy | |
| BP p.l.c. | -0.03 | 0.10 | — | 89 | Energy |
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