Looking to balance out your exposure to BBDO? The ETFs below have the lowest correlation with BBDO — they tend to move on their own, which can help reduce risk when BBDO drops. The stock ideas table highlights individual companies that behave independently from BBDO.
Best Diversifiers for BBDO
0 ETFs have low correlation with BBDO (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.34, up from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.34 | 0.26 | 0.24 | 74 | S&P 500 | BBDO vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BBDO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBDO and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.07, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.07 | 0.05 | 0.13 | 86 | Energy | |
| Altria Group, Inc. | -0.06 | 0.03 | 0.10 | 73 | Consumer Defensive | |
| Rhythm Pharmaceuticals, Inc. | 0.03 | 0.10 | 0.13 | 63 | Healthcare | |
| Welltower Inc. | 0.06 | 0.12 | 0.16 | 80 | Real Estate | |
| Gilead Sciences, Inc. | 0.12 | 0.14 | 0.13 | 65 | Healthcare |
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