Looking to diversify beyond BBEU? The ETFs below have historically moved differently from BBEU, 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 BBEU
277 ETFs have low correlation with BBEU (below 0.3), 88 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, down from -0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.27 | -0.21 | 56 | Leveraged Currency | BBEU vs YCS | |
| ProShares Short Bitcoin ETF | -0.38 | -0.30 | — | 61 | Cryptocurrency | BBEU vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BBEU vs SBIT | |
| Invesco DB Energy Fund | -0.37 | -0.14 | 0.04 | 72 | Oil & Gas | BBEU vs DBE | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | -0.32 | -0.32 | 52 | Inverse Equities | BBEU vs SMST |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BBEU, 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 Rio Tinto Group (RIO) (Basic Materials) with a 1Y correlation of 0.60, roughly unchanged from 0.56 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rio Tinto Group | 0.60 | 0.60 | 0.56 | 92 | Basic Materials |
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