Looking to diversify beyond BEDZ? The ETFs below have the lowest correlation with BEDZ — 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 BEDZ.
Best Diversifiers for BEDZ
425 ETFs have low correlation with BEDZ (below 0.3), 40 of which are negatively correlated. The least correlated is VanEck Commodity Strategy ETF (PIT) (Commodities) with a 1Y correlation of -0.23, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Commodity Strategy ETF | -0.23 | -0.05 | -0.00 | 55 | Commodities | BEDZ vs PIT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | -0.08 | -0.08 | 98 | Inflation-Protected Bonds | BEDZ vs IBIC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.18 | -0.05 | -0.05 | 50 | Commodities | BEDZ vs CERY | |
| First Trust Alternative Absolute Return Strategy E... | -0.18 | -0.07 | 0.00 | 70 | Commodities | BEDZ vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.15 | 0.01 | 0.14 | 53 | Commodities | BEDZ vs FTGC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BEDZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BEDZ and solid risk/return profiles. The least correlated is Expedia Group, Inc. (EXPE) (Consumer Cyclical) with a 1Y correlation of 0.68, roughly unchanged from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Expedia Group, Inc. | 0.68 | 0.69 | 0.73 | 69 | Consumer Cyclical | |
| Apple Hospitality REIT, Inc. | 0.73 | 0.72 | 0.73 | 90 | Real Estate |
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