Looking to diversify beyond BDRY? The ETFs below have the lowest correlation with BDRY — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from BDRY.
Best Diversifiers for BDRY
2076 ETFs have low correlation with BDRY (below 0.3), 1574 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard 0-3 Month Treasury Bill ETF | -0.17 | — | — | 100 | Ultrashort Bond | BDRY vs VBIL | |
| SGI Enhanced Core ETF | -0.15 | — | — | 95 | Intermediate Core Bond | BDRY vs USDX | |
| Nuveen AA-BBB CLO ETF | -0.15 | — | — | 54 | CLO | BDRY vs NCLO | |
| VanEck IG Floating Rate ETF | -0.15 | -0.02 | -0.01 | 99 | Corporate Bonds, Ultrashort Bond | BDRY vs FLTR | |
| First Trust Ultra Short Duration Municipal ETF | -0.14 | -0.02 | -0.02 | 97 | Municipal Bonds, Ultrashort Bond | BDRY vs FUMB |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BDRY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BDRY and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.04, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.04 | 0.03 | 0.03 | 76 | Technology | |
| MKS Instruments, Inc. | -0.02 | 0.00 | 0.04 | 99 | Technology | |
| ZIM Integrated Shipping Services Ltd. | -0.00 | 0.03 | 0.07 | 77 | Industrials | |
| United Parcel Service, Inc. | 0.02 | 0.01 | 0.00 | 56 | Industrials | |
| International Seaways, Inc. | 0.02 | 0.06 | 0.04 | 97 | Energy |
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