Looking to balance out your exposure to BETA? The ETFs below have the lowest correlation with BETA — they tend to move on their own, which can help reduce risk when BETA drops. The stock ideas table highlights individual companies that behave independently from BETA.
No Diversifiers Found for BETA
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BETA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BETA and solid risk/return profiles. The least correlated is Bloom Energy Corporation (BE) (Industrials) with a 1Y correlation of 0.29, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bloom Energy Corporation | 0.29 | 0.29 | 0.29 | 99 | Industrials | |
| OneMain Holdings, Inc. | 0.31 | 0.31 | 0.31 | 54 | Financial Services | |
| Trinity Capital Inc. | 0.32 | 0.32 | 0.32 | 81 | Financial Services | |
| Capital Southwest Corporation | 0.37 | 0.37 | 0.37 | 76 | Financial Services | |
| AST SpaceMobile, Inc. | 0.41 | 0.41 | 0.41 | 84 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BETA
Add BETA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BETA