Looking to balance out your exposure to BR? The ETFs below have the lowest correlation with BR — they tend to move on their own, which can help reduce risk when BR drops. The stock ideas table highlights individual companies that behave independently from BR.
Best Diversifiers for BR
6 ETFs have low correlation with BR (below 0.3), 1 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of -0.20, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | -0.20 | 0.07 | 0.28 | 96 | Semiconductors, Technology Equities | BR vs SMH | |
| Invesco QQQ ETF | 0.04 | 0.23 | 0.42 | 73 | Nasdaq-100 | BR vs QQQ | |
| PGIM Ultra Short Bond ETF | 0.05 | 0.07 | 0.07 | 100 | Ultrashort Bond | BR vs PULS | |
| Vanguard S&P 500 ETF | 0.14 | 0.37 | 0.53 | 70 | S&P 500 | BR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.14 | 0.37 | 0.53 | 70 | S&P 500 | BR vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BR and solid risk/return profiles. The least correlated is ASE Technology Holding Co., Ltd. (ASX) (Technology) with a 1Y correlation of -0.22, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ASE Technology Holding Co., Ltd. | -0.22 | 0.04 | 0.20 | 99 | Technology | |
| Ciena Corporation | -0.21 | 0.08 | 0.25 | 99 | Technology | |
| nVent Electric plc | -0.20 | 0.10 | 0.27 | 97 | Industrials | |
| GE Vernova Inc. | -0.18 | 0.07 | 0.07 | 87 | Utilities | |
| NVIDIA Corporation | -0.17 | 0.03 | 0.23 | 78 | Technology |
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Build a portfolio that complements BR
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