Looking to balance out your exposure to BLKB? The ETFs below have the lowest correlation with BLKB — they tend to move on their own, which can help reduce risk when BLKB drops. The stock ideas table highlights individual companies that behave independently from BLKB.
Best Diversifiers for BLKB
3 ETFs have low correlation with BLKB (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.24, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.24 | 0.36 | 0.46 | 62 | Nasdaq-100 | BLKB vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.27 | 0.42 | 0.50 | 66 | S&P 500 | BLKB vs SPY | |
| Vanguard S&P 500 ETF | 0.27 | 0.42 | 0.50 | 66 | S&P 500 | BLKB vs VOO |
Diversification Analysis
Build a portfolio that complements BLKB
Add BLKB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BLKB