Looking to balance out your exposure to BEN? The ETFs below have the lowest correlation with BEN — they tend to move on their own, which can help reduce risk when BEN drops. The stock ideas table highlights individual companies that behave independently from BEN.
Best Diversifiers for BEN
0 ETFs have low correlation with BEN (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.38, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.38 | 0.39 | 0.52 | 76 | Technology Equities | BEN vs VGT | |
| Schwab U.S. Dividend Equity ETF | 0.39 | 0.59 | 0.67 | 80 | Dividend | BEN vs SCHD | |
| iShares MSCI Austria ETF | 0.41 | 0.43 | 0.52 | 66 | Europe Equities | BEN vs EWO | |
| First Trust Developed Markets ex-US AlphaDEX Fund | 0.41 | 0.46 | 0.55 | 84 | Foreign Large Cap Equities | BEN vs FDT | |
| NEOS Nasdaq-100 High Income ETF | 0.43 | — | — | 68 | Nasdaq-100, Derivative Income | BEN vs QQQI |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BEN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BEN and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.14 | 0.11 | 0.20 | 69 | Consumer Defensive | |
| Apache Corporation | -0.03 | 0.22 | 0.32 | 90 | Energy | |
| Chevron Corporation | -0.01 | 0.22 | 0.30 | 83 | Energy | |
| The Coca-Cola Company | 0.01 | 0.11 | 0.22 | 66 | Consumer Defensive | |
| Cboe Global Markets, Inc. | 0.01 | -0.00 | 0.14 | 68 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BEN
Add BEN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BEN