Looking to balance out your exposure to BF-B? The ETFs below have the lowest correlation with BF-B — they tend to move on their own, which can help reduce risk when BF-B drops. The stock ideas table highlights individual companies that behave independently from BF-B.
Best Diversifiers for BF-B
2 ETFs have low correlation with BF-B (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.09, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.09 | 0.20 | 0.33 | 60 | S&P 500 | BF-B vs SPY | |
| Vanguard S&P 500 ETF | 0.10 | 0.20 | 0.33 | 60 | S&P 500 | BF-B vs VOO | |
| Schwab U.S. Dividend Equity ETF | 0.43 | 0.46 | 0.51 | 77 | Dividend | BF-B vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BF-B, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BF-B and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.07, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.07 | 0.16 | 0.17 | 74 | Energy | |
| Monster Beverage Corporation | 0.17 | 0.32 | 0.39 | 86 | Consumer Defensive | |
| UnitedHealth Group Incorporated | 0.18 | 0.13 | 0.21 | 68 | Healthcare | |
| Archer-Daniels-Midland Company | 0.19 | 0.32 | 0.32 | 85 | Consumer Defensive | |
| Starbucks Corporation | 0.21 | 0.22 | 0.31 | 59 | Consumer Cyclical |
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