Looking to balance out your exposure to BDN? The ETFs below have the lowest correlation with BDN — they tend to move on their own, which can help reduce risk when BDN drops. The stock ideas table highlights individual companies that behave independently from BDN.
No Diversifiers Found for BDN
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 BDN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BDN and solid risk/return profiles. The least correlated is LTC Properties, Inc. (LTC) (Real Estate) with a 1Y correlation of 0.22, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| LTC Properties, Inc. | 0.22 | 0.39 | 0.45 | 50 | Real Estate | |
| W. P. Carey Inc. | 0.27 | 0.42 | 0.48 | 79 | Real Estate | |
| Healthcare Realty Trust Incorporated | 0.28 | 0.43 | 0.47 | 86 | Real Estate | |
| Medical Properties Trust, Inc | 0.31 | 0.39 | 0.48 | 56 | Real Estate | |
| Broadstone Net Lease, Inc. | 0.31 | 0.46 | 0.52 | 85 | Real Estate |
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