Looking to diversify beyond BIL? The ETFs below have the lowest correlation with BIL — 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 BIL.
Best Diversifiers for BIL
1979 ETFs have low correlation with BIL (below 0.3), 1643 of which are negatively correlated. The least correlated is KraneShares SSE STAR Market 50 Index ETF (KSTR) (China Equities) with a 1Y correlation of -0.17, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| KraneShares SSE STAR Market 50 Index ETF | -0.17 | -0.08 | -0.01 | 74 | China Equities, Asia Pacific Equities | BIL vs KSTR | |
| VanEck ChiNext Innovators ETF | -0.16 | -0.09 | -0.03 | 70 | China Equities, Asia Pacific Equities | BIL vs CNXT | |
| KraneShares Bosera MSCI China A Share ETF | -0.16 | -0.07 | -0.00 | 67 | China Equities, Asia Pacific Equities | BIL vs KBA | |
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Res... | -0.16 | — | — | 79 | Municipal Bonds | BIL vs TAXM | |
| Pacific North of South Global Emerging Markets Equ... | -0.16 | — | — | 86 | Emerging Markets Equities | BIL vs GEME |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BIL and solid risk/return profiles. The least correlated is AxoGen, Inc. (AXGN) (Healthcare) with a 1Y correlation of -0.19, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AxoGen, Inc. | -0.19 | -0.14 | -0.03 | 98 | Healthcare | |
| Baker Hughes Company | -0.17 | -0.05 | -0.05 | 80 | Energy | |
| ASML Holding N.V. | -0.16 | -0.12 | -0.02 | 96 | Technology | |
| MSCI Inc. | -0.15 | -0.10 | -0.02 | 55 | Financial Services | |
| Comfort Systems USA, Inc. | -0.15 | -0.08 | -0.02 | 97 | Industrials |
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