Looking to balance out your exposure to BCKIY? The ETFs below have the lowest correlation with BCKIY — they tend to move on their own, which can help reduce risk when BCKIY drops. The stock ideas table highlights individual companies that behave independently from BCKIY.
No Diversifiers Found for BCKIY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BCKIY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BCKIY and solid risk/return profiles. The least correlated is Ballard Power Systems Inc. (BLDP) (Industrials) with a 1Y correlation of 0.16, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ballard Power Systems Inc. | 0.16 | 0.09 | 0.07 | 95 | Industrials |
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