Looking to balance out your exposure to BBAR? The ETFs below have the lowest correlation with BBAR — they tend to move on their own, which can help reduce risk when BBAR drops. The stock ideas table highlights individual companies that behave independently from BBAR.
Best Diversifiers for BBAR
0 ETFs have low correlation with BBAR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.36, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.36 | 0.33 | 0.28 | 73 | Nasdaq-100 | BBAR vs QQQ | |
| iShares Core S&P 500 ETF | 0.36 | 0.34 | 0.32 | 70 | S&P 500 | BBAR vs IVV | |
| State Street SPDR S&P 500 ETF | 0.36 | 0.34 | 0.32 | 70 | S&P 500 | BBAR vs SPY | |
| First Trust Latin America AlphaDEX Fund | 0.41 | 0.36 | 0.42 | 52 | Latin America Equities | BBAR vs FLN |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BBAR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBAR and solid risk/return profiles. The least correlated is Marathon Petroleum Corporation (MPC) (Energy) with a 1Y correlation of -0.01, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marathon Petroleum Corporation | -0.01 | 0.10 | 0.21 | 86 | Energy | |
| Tri Pointe Homes, Inc. | 0.01 | 0.15 | 0.19 | 79 | Consumer Cyclical | |
| Frontline Ltd. | 0.05 | 0.12 | 0.16 | 89 | Energy | |
| M/I Homes, Inc. | 0.05 | 0.17 | 0.19 | 62 | Consumer Cyclical | |
| East West Bancorp, Inc. | 0.08 | 0.18 | 0.27 | 75 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BBAR
Add BBAR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BBAR