Looking to diversify beyond BOXX? The ETFs below have historically moved differently from BOXX, 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 BOXX
2234 ETFs have low correlation with BOXX (below 0.3), 977 of which are negatively correlated. The least correlated is Franklin FTSE Japan Hedged ETF (FLJH) (Japan Equities) with a 1Y correlation of -0.14, down from -0.03 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin FTSE Japan Hedged ETF | -0.14 | -0.03 | — | 83 | Japan Equities, Asia Pacific Equities | BOXX vs FLJH | |
| ProShares High Yield-Interest Rate Hedged | -0.14 | -0.01 | — | 63 | High Yield Bonds | BOXX vs HYHG | |
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Res... | -0.14 | — | — | 63 | Municipal Bonds | BOXX vs TAXM | |
| Janus Henderson B-BBB CLO ETF | -0.14 | -0.01 | — | 60 | CLO | BOXX vs JBBB | |
| VanEck CEF Municipal Income ETF | -0.13 | 0.01 | — | 61 | High Yield Muni | BOXX vs XMPT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BOXX, 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 Riot Platforms, Inc. (RIOT) (Technology) with a 1Y correlation of -0.12, down from -0.01 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Riot Platforms, Inc. | -0.12 | -0.01 | — | 66 | Technology | |
| Arm Holdings plc American Depositary Shares | -0.12 | 0.00 | 0.00 | 74 | Technology | |
| General Motors Company | -0.12 | -0.03 | — | 92 | Consumer Cyclical | |
| CleanSpark, Inc. | -0.11 | -0.01 | — | 55 | Financial Services | |
| GE Vernova Inc. | -0.11 | — | — | 76 | Industrials |
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