Looking to balance out your exposure to BNT? The ETFs below have the lowest correlation with BNT — they tend to move on their own, which can help reduce risk when BNT drops. The stock ideas table highlights individual companies that behave independently from BNT.
Best Diversifiers for BNT
0 ETFs have low correlation with BNT (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.70, roughly unchanged from 0.67 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.70 | 0.67 | — | 66 | S&P 500 | BNT vs SPY |
Diversification Analysis
Build a portfolio that complements BNT
Add BNT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BNT