Looking to diversify beyond BITB? The ETFs below have the lowest correlation with BITB — 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 BITB.
Best Diversifiers for BITB
619 ETFs have low correlation with BITB (below 0.3), 50 of which are negatively correlated. The least correlated is Obra Opportunistic Structured Products ETF (OOSP) (Multisector Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Obra Opportunistic Structured Products ETF | -0.10 | -0.08 | -0.08 | 68 | Multisector Bonds | BITB vs OOSP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.10 | — | — | 98 | Inflation-Protected Bonds | BITB vs RBIL | |
| Roundhill Weekly T-Bill ETF | -0.09 | — | — | 99 | Ultrashort Bond | BITB vs WEEK | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 100 | Ultrashort Bond | BITB vs CSHP | |
| iShares 0-3 Month Treasury Bond ETF | -0.09 | 0.01 | 0.01 | 100 | Ultrashort Bond | BITB vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BITB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BITB and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.16, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.16 | -0.02 | -0.02 | 69 | Consumer Defensive | |
| Verizon Communications Inc. | -0.14 | — | — | 59 | Communication Services | |
| Duke Energy Corporation | -0.12 | -0.06 | -0.06 | 53 | Utilities | |
| CVS Health Corporation | -0.11 | -0.00 | -0.00 | 80 | Healthcare | |
| Johnson & Johnson | -0.11 | -0.05 | -0.05 | 92 | Healthcare |
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