Looking to diversify beyond BDRY? The ETFs below have historically moved differently from BDRY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BDRY
2243 ETFs have low correlation with BDRY (below 0.3), 1474 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard 0-3 Month Treasury Bill ETF | -0.22 | — | — | 100 | Ultrashort Bond | BDRY vs VBIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.16 | -0.02 | -0.00 | 100 | Government Bonds, Ultrashort Bond | BDRY vs SHV | |
| VanEck IG Floating Rate ETF | -0.15 | -0.02 | -0.01 | 99 | Corporate Bonds, Ultrashort Bond | BDRY vs FLTR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.15 | -0.02 | 0.02 | 100 | Government Bonds, Ultrashort Bond | BDRY vs BIL | |
| US Treasury 6 Month Bill ETF | -0.15 | -0.02 | — | 100 | Ultrashort Bond | BDRY vs XBIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BDRY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.02, roughly unchanged from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.02 | 0.04 | 0.03 | 56 | Technology | |
| Safehold Inc. | -0.02 | 0.04 | 0.01 | 63 | Real Estate | |
| International Seaways, Inc. | 0.00 | 0.06 | 0.04 | 99 | Energy | |
| MKS Instruments, Inc. | 0.01 | 0.02 | 0.04 | 96 | Technology | |
| ZIM Integrated Shipping Services Ltd. | 0.02 | 0.04 | 0.05 | 82 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BDRY
Add BDRY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BDRY