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

Best Diversifiers for BIBL

277 ETFs have low correlation with BIBL (below 0.3), 28 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.36, roughly unchanged from -0.39 over 5 years.


See all 1944 diversifiers for BIBL

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BIBL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BIBL and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.03, down from 0.29 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Chevron Corporation-0.030.190.29
70
Energy
Verizon Communications Inc.0.020.110.18
62
Communication Services
Walmart Inc.0.030.180.27
70
Consumer Defensive
Murphy Oil Corporation0.050.220.32
79
Energy
United Parcel Service, Inc.0.440.470.55
55
Industrials

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Diversification Analysis

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