Looking to diversify beyond BRLN? The ETFs below have historically moved differently from BRLN, 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 BRLN
2243 ETFs have low correlation with BRLN (below 0.3), 359 of which are negatively correlated. The least correlated is Invesco AAA CLO Floating Rate Note ETF (ICLO) (CLO) with a 1Y correlation of -0.17, down from -0.01 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco AAA CLO Floating Rate Note ETF | -0.17 | -0.01 | — | 98 | CLO | BRLN vs ICLO | |
| Brookmont Catastrophic Bond ETF | -0.16 | — | — | 98 | Nontraditional Bonds | BRLN vs ILS | |
| VanEck Vectors Morningstar Durable Dividend ETF | -0.14 | 0.10 | — | 72 | Large Cap Blend Equities, Dividend | BRLN vs DURA | |
| ClearShares Ultra-Short Maturity ETF | -0.13 | -0.01 | — | 100 | Ultrashort Bond | BRLN vs OPER | |
| Cambria Tactical Yield ETF | -0.12 | — | — | 99 | Tactical Allocation | BRLN vs TYLD |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BRLN, 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 Frontline Ltd. (FRO) (Industrials) with a 1Y correlation of -0.10, roughly unchanged from -0.01 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Frontline Ltd. | -0.10 | -0.01 | — | 96 | Industrials | |
| Agree Realty Corporation | -0.07 | 0.04 | 0.03 | 68 | Real Estate | |
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | -0.04 | 0.01 | — | 86 | Financial Services | |
| Oxford Lane Capital Corp. | -0.03 | 0.03 | — | 97 | Financial Services |
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