Looking to diversify beyond BIV? The ETFs below have the lowest correlation with BIV — 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 BIV.
Best Diversifiers for BIV
949 ETFs have low correlation with BIV (below 0.3), 48 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.51, roughly unchanged from -0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.51 | -0.48 | -0.52 | 61 | Leveraged Currency | BIV vs YCS | |
| Fidelity Managed Futures ETF | -0.33 | — | — | 64 | Systematic Trend | BIV vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.26 | -0.11 | -0.09 | 70 | Commodities | BIV vs FAAR | |
| VanEck Commodity Strategy ETF | -0.25 | -0.10 | — | 55 | Commodities | BIV vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.22 | — | — | 50 | Commodities | BIV vs CERY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BIV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BIV and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.30, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.30 | -0.13 | -0.13 | 61 | Energy | |
| Chevron Corporation | -0.26 | -0.08 | -0.11 | 68 | Energy | |
| Exxon Mobil Corporation | -0.25 | -0.09 | -0.11 | 68 | Energy | |
| BP p.l.c. | -0.21 | -0.08 | -0.11 | 76 | Energy | |
| Energy Transfer LP | -0.16 | -0.02 | -0.05 | 67 | Energy |
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