Looking to balance out your exposure to BLFS? The ETFs below have the lowest correlation with BLFS — they tend to move on their own, which can help reduce risk when BLFS drops. The stock ideas table highlights individual companies that behave independently from BLFS.
No Diversifiers Found for BLFS
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 BLFS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BLFS and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of 0.15, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | 0.15 | 0.25 | 0.32 | 84 | Technology |
Build a portfolio that complements BLFS
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