Looking to balance out your exposure to BC? The ETFs below have the lowest correlation with BC — they tend to move on their own, which can help reduce risk when BC drops. The stock ideas table highlights individual companies that behave independently from BC.
Best Diversifiers for BC
1 ETFs have low correlation with BC (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.02, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.02 | -0.05 | -0.04 | 100 | Government Bonds, Ultrashort Bond | BC vs BIL | |
| VanEck Semiconductor ETF | 0.38 | 0.35 | 0.45 | 96 | Semiconductors, Technology Equities | BC vs SMH | |
| Vanguard FTSE Emerging Markets ETF | 0.42 | 0.39 | 0.42 | 56 | Emerging Markets Equities | BC vs VWO | |
| Vanguard S&P 500 ETF | 0.48 | 0.49 | 0.56 | 70 | S&P 500 | BC vs VOO | |
| State Street SPDR S&P 500 ETF | 0.48 | 0.48 | 0.56 | 70 | S&P 500 | BC vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BC and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.03, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.03 | 0.19 | 0.25 | 85 | Energy | |
| Palo Alto Networks, Inc. | 0.05 | 0.10 | 0.21 | 67 | Technology | |
| CVS Health Corporation | 0.11 | 0.23 | 0.25 | 80 | Healthcare | |
| Arista Networks, Inc. | 0.11 | 0.16 | 0.27 | 79 | Technology | |
| Oracle Corporation | 0.14 | 0.21 | 0.30 | 58 | Technology |
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