Looking to balance out your exposure to BLK? The ETFs below have the lowest correlation with BLK — they tend to move on their own, which can help reduce risk when BLK drops. The stock ideas table highlights individual companies that behave independently from BLK.
Best Diversifiers for BLK
54 ETFs have low correlation with BLK (below 0.3), 12 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.12, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.05 | -0.01 | 100 | Government Bonds, Ultrashort Bond | BLK vs USFR | |
| Invesco DB Commodity Index Tracking Fund | -0.11 | -0.02 | 0.10 | 60 | Commodities | BLK vs DBC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.07 | -0.00 | 100 | Government Bonds, Ultrashort Bond | BLK vs BIL | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.09 | -0.02 | 0.09 | 61 | Commodities | BLK vs PDBC | |
| Alpha Architect 1-3 Month Box ETF | -0.08 | 0.03 | 0.01 | 100 | Ultrashort Bond | BLK vs BOXX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BLK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BLK and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | 0.09 | 0.18 | 77 | Consumer Defensive | |
| The Coca-Cola Company | -0.12 | 0.10 | 0.24 | 81 | Consumer Defensive | |
| Par Pacific Holdings, Inc. | -0.12 | 0.08 | 0.17 | 89 | Energy | |
| Occidental Petroleum Corporation | -0.08 | 0.08 | 0.21 | 68 | Energy | |
| Duke Energy Corporation | -0.06 | 0.09 | 0.18 | 63 | Utilities |
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