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Looking to diversify beyond BIB? The ETFs below have the lowest correlation with BIB — 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 BIB.

Best Diversifiers for BIB

382 ETFs have low correlation with BIB (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.11 over 5 years.


See all 2077 diversifiers for BIB

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BIB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BIB and solid risk/return profiles. The least correlated is HCI Group, Inc. (HCI) (Financial Services) with a 1Y correlation of 0.07, down from 0.22 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
HCI Group, Inc.0.070.160.22
54
Financial Services
NVIDIA Corporation0.190.210.35
76
Technology
Taiwan Semiconductor Manufacturing Company Limited0.240.270.34
95
Technology
Franco-Nevada Corporation0.240.240.25
67
Basic Materials
Healthcare Services Group, Inc.0.250.380.37
80
Healthcare
See all 11 low-correlation stocks for BIB

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Diversification Analysis

Build a portfolio that complements BIB

Add BIB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with BIB