Looking to balance out your exposure to BBWI? The ETFs below have the lowest correlation with BBWI — they tend to move on their own, which can help reduce risk when BBWI drops. The stock ideas table highlights individual companies that behave independently from BBWI.
Best Diversifiers for BBWI
2 ETFs have low correlation with BBWI (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.20, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.20 | 0.25 | 0.35 | 90 | Semiconductors, Technology Equities | BBWI vs SMH | |
| Vanguard S&P 500 ETF | 0.30 | 0.36 | 0.46 | 66 | S&P 500 | BBWI vs VOO | |
| State Street SPDR S&P 500 ETF | 0.30 | 0.36 | 0.46 | 65 | S&P 500 | BBWI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BBWI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBWI and solid risk/return profiles. The least correlated is Cheniere Energy, Inc. (LNG) (Energy) with a 1Y correlation of -0.18, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cheniere Energy, Inc. | -0.18 | 0.01 | 0.13 | 57 | Energy | |
| EOG Resources, Inc. | -0.08 | 0.05 | 0.13 | 66 | Energy | |
| ConocoPhillips Company | -0.08 | 0.07 | 0.15 | 69 | Energy | |
| Shell plc | -0.04 | 0.08 | 0.14 | 74 | Energy | |
| Valero Energy Corporation | -0.03 | 0.13 | 0.17 | 97 | Energy |
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