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
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 0.16, roughly unchanged from 0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.16 | 0.15 | — | 83 | Dividend | BMR vs SCHD | |
| VanEck Semiconductor ETF | 0.37 | 0.29 | — | 94 | Semiconductors, Technology Equities | BMR vs SMH | |
| Vanguard Dividend Appreciation ETF | 0.38 | 0.25 | — | 63 | Dividend | BMR vs VIG | |
| Invesco S&P 500 Equal Weight ETF | 0.39 | 0.28 | — | 55 | S&P 500, Equal Weight | BMR vs RSP | |
| Invesco QQQ ETF | 0.45 | 0.32 | — | 64 | 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) (Technology) with a 1Y correlation of 0.35, roughly unchanged from 0.26 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Digital Corporation | 0.35 | 0.26 | — | 91 | Technology |
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