Looking to balance out your exposure to BDNNY? The ETFs below have the lowest correlation with BDNNY — they tend to move on their own, which can help reduce risk when BDNNY drops. The stock ideas table highlights individual companies that behave independently from BDNNY.
Best Diversifiers for BDNNY
0 ETFs have low correlation with BDNNY (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Japan Hedged Equity Fund (DXJ) (Japan Equities) with a 1Y correlation of 0.45, up from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Japan Hedged Equity Fund | 0.45 | 0.32 | 0.31 | 93 | Japan Equities | BDNNY vs DXJ | |
| Franklin FTSE South Korea ETF | 0.47 | 0.46 | 0.42 | 94 | Asia Pacific Equities | BDNNY vs FLKR | |
| iShares MSCI South Korea ETF | 0.48 | 0.46 | 0.43 | 95 | Asia Pacific Equities | BDNNY vs EWY | |
| Matthews Korea Active ETF | 0.48 | 0.44 | 0.44 | 93 | Asia Pacific Equities | BDNNY vs MKOR | |
| iShares MSCI Japan Value ETF | 0.51 | 0.42 | 0.40 | 62 | Japan Equities, Large Cap Value Equities | BDNNY vs EWJV |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BDNNY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BDNNY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.01, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.01 | 0.14 | 0.22 | 75 | Energy | |
| Hafnia Limited | 0.10 | 0.18 | 0.18 | 81 | Industrials | |
| International Seaways, Inc. | 0.12 | 0.15 | 0.15 | 97 | Energy | |
| BW LPG Limited | 0.19 | 0.19 | 0.15 | 84 | Industrials | |
| RTX Corporation | 0.19 | 0.09 | 0.16 | 77 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BDNNY
Add BDNNY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BDNNY