Looking to balance out your exposure to BDRBF? The ETFs below have the lowest correlation with BDRBF — they tend to move on their own, which can help reduce risk when BDRBF drops. The stock ideas table highlights individual companies that behave independently from BDRBF.
No Diversifiers Found for BDRBF
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 BDRBF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BDRBF and solid risk/return profiles. The least correlated is Elbit Systems Ltd (ESLT) (Industrials) with a 1Y correlation of 0.22, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Elbit Systems Ltd | 0.22 | 0.16 | 0.18 | 84 | Industrials | |
| Enova International, Inc. | 0.22 | 0.32 | 0.38 | 92 | Financial Services | |
| Bancolombia S.A. | 0.24 | 0.27 | 0.26 | 91 | Financial Services | |
| Kinross Gold Corporation | 0.24 | 0.17 | 0.20 | 72 | Basic Materials | |
| Marubeni Corp ADR | 0.25 | 0.24 | 0.24 | 77 | Industrials |
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