Looking to balance out your exposure to BILI? The ETFs below have the lowest correlation with BILI — they tend to move on their own, which can help reduce risk when BILI drops. The stock ideas table highlights individual companies that behave independently from BILI.
Best Diversifiers for BILI
1 ETFs have low correlation with BILI (below 0.3), 1 of which are negatively correlated. The least correlated is Barclays ETN+ Select MLP ETN (ATMP) (MLPs) with a 1Y correlation of -0.04, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Barclays ETN+ Select MLP ETN | -0.04 | 0.08 | 0.14 | 65 | MLPs | BILI vs ATMP | |
| Invesco S&P 500 Momentum ETF | 0.31 | 0.21 | 0.25 | 51 | Momentum, S&P 500 | BILI vs SPMO | |
| Vanguard International High Dividend Yield ETF | 0.33 | 0.38 | 0.41 | 84 | Dividend, Foreign Large Cap Equities | BILI vs VYMI | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.30 | 0.35 | 65 | S&P 500 | BILI vs SPY | |
| Invesco International BuyBack Achievers™ ETF | 0.40 | 0.39 | 0.42 | 63 | Global Equities | BILI vs IPKW |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BILI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BILI and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.10 | 0.02 | 0.05 | 69 | Consumer Defensive | |
| Quest Diagnostics Incorporated | -0.08 | 0.08 | 0.09 | 78 | Healthcare | |
| The Williams Companies, Inc. | -0.03 | 0.07 | 0.10 | 81 | Energy | |
| Energy Transfer LP | -0.02 | 0.05 | 0.13 | 83 | Energy | |
| EPR Properties | 0.02 | 0.13 | 0.21 | 57 | Real Estate |
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