Looking to diversify beyond BKLC? The ETFs below have the lowest correlation with BKLC — 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 BKLC.
Best Diversifiers for BKLC
293 ETFs have low correlation with BKLC (below 0.3), 35 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.23 | -0.04 | 0.07 | 55 | Oil & Gas | BKLC vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | BKLC vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | BKLC vs RBIL | |
| ProShares UltraShort Yen | -0.18 | -0.03 | -0.02 | 63 | Leveraged Currency | BKLC vs YCS | |
| Direxion Daily NFLX Bear 1X Shares | -0.18 | — | — | 55 | Inverse Equities | BKLC vs NFXS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BKLC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BKLC and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.23, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.23 | -0.02 | 0.12 | 72 | Consumer Defensive | |
| The Coca-Cola Company | -0.17 | 0.03 | 0.20 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.16 | 0.04 | 0.17 | 72 | Energy | |
| Duke Energy Corporation | -0.15 | -0.02 | 0.09 | 62 | Utilities | |
| Chevron Corporation | -0.13 | 0.07 | 0.20 | 70 | Energy |
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