Looking to balance out your exposure to BE? The ETFs below have historically moved differently from BE, 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 BE
93 ETFs have low correlation with BE (below 0.3), 28 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Ultra-Short Treasury ETF | -0.16 | — | — | 100 | Ultrashort Bond, Government Bonds | BE vs VGUS | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.06 | -0.02 | 100 | Government Bonds, Ultrashort Bond | BE vs BIL | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | BE vs USFR | |
| iShares Core High Dividend ETF | -0.09 | 0.12 | 0.22 | 87 | Dividend, Large Cap Value Equities | BE vs HDV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.09 | 0.16 | 0.25 | 89 | Large Cap Value Equities, Dividend | BE vs FDL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BE, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.27, down from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.27 | -0.10 | -0.02 | 86 | Consumer Defensive | |
| Consolidated Edison, Inc. | -0.25 | -0.07 | -0.02 | 56 | Utilities | |
| Verizon Communications Inc. | -0.19 | -0.02 | 0.03 | 63 | Communication Services | |
| Philip Morris International Inc. | -0.14 | 0.02 | 0.07 | 63 | Consumer Defensive | |
| Walmart Inc. | -0.14 | 0.01 | 0.08 | 59 | Consumer Defensive |
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