Looking to diversify beyond BLDG? The ETFs below have the lowest correlation with BLDG — 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 BLDG.
Best Diversifiers for BLDG
923 ETFs have low correlation with BLDG (below 0.3), 49 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.24 | -0.19 | 75 | Leveraged Currency | BLDG vs YCS | |
| Direxion Daily MU Bull 2X Shares | -0.35 | -0.35 | -0.35 | 99 | Leveraged Equities, Semiconductors | BLDG vs MUU | |
| United States Gasoline Fund LP | -0.29 | -0.06 | 0.06 | 72 | Oil & Gas | BLDG vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.24 | -0.03 | 0.11 | 51 | Commodities | BLDG vs PDBC | |
| VanEck Commodity Strategy ETF | -0.19 | -0.00 | — | 69 | Commodities | BLDG vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BLDG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BLDG and solid risk/return profiles. The least correlated is BlackRock Science and Technology Term Trust (BSTZ) (Financial Services) with a 1Y correlation of 0.02, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Science and Technology Term Trust | 0.02 | 0.27 | 0.42 | 93 | Financial Services |
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