Looking to diversify beyond BLDG? The ETFs below have historically moved differently from BLDG, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BLDG
910 ETFs have low correlation with BLDG (below 0.3), 75 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.35, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.35 | -0.13 | 0.04 | 66 | Oil & Gas | BLDG vs DBE | |
| Invesco DB Oil Fund | -0.32 | -0.10 | 0.05 | 51 | Oil & Gas | BLDG vs DBO | |
| United States Gasoline Fund, LP | -0.30 | -0.08 | 0.05 | 83 | Oil & Gas | BLDG vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.30 | -0.06 | 0.09 | 61 | Commodities | BLDG vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.29 | -0.06 | 0.08 | 56 | Commodities | BLDG vs COMT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BLDG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is BlackRock Science and Technology Term Trust (BSTZ) (Financial Services) with a 1Y correlation of 0.02, down from 0.41 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Science and Technology Term Trust | 0.02 | 0.26 | 0.41 | 88 | Financial Services |
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