Looking to balance out your exposure to BMR? The ETFs below have the lowest correlation with BMR — they tend to move on their own, which can help reduce risk when BMR drops. The stock ideas table highlights individual companies that behave independently from BMR.
Best Diversifiers for BMR
0 ETFs have low correlation with BMR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.43, up from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.43 | 0.30 | — | 73 | Nasdaq-100 | BMR vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BMR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BMR and solid risk/return profiles. The least correlated is Applied Digital Corporation (APLD) (Financial Services) with a 1Y correlation of 0.31, roughly unchanged from 0.25 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Digital Corporation | 0.31 | 0.25 | — | 92 | Financial Services |
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