Looking to balance out your exposure to BDORY? The ETFs below have the lowest correlation with BDORY — they tend to move on their own, which can help reduce risk when BDORY drops. The stock ideas table highlights individual companies that behave independently from BDORY.
Best Diversifiers for BDORY
0 ETFs have low correlation with BDORY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.40, up from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.40 | 0.30 | 0.24 | 74 | S&P 500 | BDORY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BDORY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BDORY and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of 0.03, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | 0.03 | 0.09 | 0.10 | 56 | Communication Services | |
| Bank of America Corporation | 0.22 | 0.19 | 0.22 | 70 | Financial Services | |
| Petróleo Brasileiro S.A. - Petrobras | 0.26 | 0.32 | 0.44 | 88 | Energy |
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