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Looking to balance out your exposure to BMR? The ETFs below have historically moved differently from BMR, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for BMR

1 ETFs have low correlation with BMR (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.13, roughly unchanged from 0.14 over 3 years.

How candidates are selected

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for BMR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Applied Digital Corporation (APLD) (Technology) with a 1Y correlation of 0.32, roughly unchanged from 0.26 over 3 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Applied Digital Corporation0.320.26
78
Technology

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Diversification Analysis

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