Looking to balance out your exposure to BLND? The ETFs below have the lowest correlation with BLND — they tend to move on their own, which can help reduce risk when BLND drops. The stock ideas table highlights individual companies that behave independently from BLND.
No Diversifiers Found for BLND
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 BLND, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BLND and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.16, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.16 | 0.20 | 0.28 | 60 | Consumer Cyclical | |
| Tesla, Inc. | 0.19 | 0.24 | 0.30 | 55 | Consumer Cyclical | |
| Travere Therapeutics, Inc. | 0.21 | 0.22 | — | 92 | Healthcare | |
| Ducommun Incorporated | 0.21 | 0.22 | 0.23 | 93 | Industrials | |
| Oscar Health, Inc. | 0.24 | 0.19 | 0.27 | 59 | Healthcare |
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