Looking to balance out your exposure to BKRIY? The ETFs below have the lowest correlation with BKRIY — they tend to move on their own, which can help reduce risk when BKRIY drops. The stock ideas table highlights individual companies that behave independently from BKRIY.
No Diversifiers Found for BKRIY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BKRIY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BKRIY and solid risk/return profiles. The least correlated is Endesa SA ADR (ELEZY) (Utilities) with a 1Y correlation of 0.12, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Endesa SA ADR | 0.12 | 0.08 | 0.12 | 83 | Utilities | |
| AstraZeneca PLC | 0.18 | 0.16 | 0.15 | 73 | Healthcare | |
| Norsk Hydro ASA ADR | 0.25 | 0.28 | 0.21 | 98 | Basic Materials | |
| Deutsche Lufthansa AG ADR | 0.31 | 0.32 | 0.28 | 60 | Industrials | |
| Overseas Chinese Banking Corp Ltd ADR | 0.38 | 0.22 | 0.19 | 94 | Financial Services |
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