Looking to balance out your exposure to BRBR? The ETFs below have the lowest correlation with BRBR — they tend to move on their own, which can help reduce risk when BRBR drops. The stock ideas table highlights individual companies that behave independently from BRBR.
Best Diversifiers for BRBR
1 ETFs have low correlation with BRBR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.06, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.06 | 0.24 | 0.28 | 73 | Nasdaq-100 | BRBR vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BRBR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BRBR and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.11, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.11 | 0.09 | 0.16 | 84 | Technology | |
| Credo Technology Group Holding Ltd | -0.08 | 0.09 | — | 85 | Technology | |
| Applied Optoelectronics, Inc. | -0.06 | 0.06 | 0.09 | 98 | Technology | |
| MACOM Technology Solutions Holdings, Inc. | -0.06 | 0.15 | 0.21 | 96 | Technology | |
| American Healthcare REIT, Inc. | -0.04 | 0.08 | 0.08 | 81 | Real Estate |
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