Looking to balance out your exposure to BRN? The ETFs below have the lowest correlation with BRN — they tend to move on their own, which can help reduce risk when BRN drops. The stock ideas table highlights individual companies that behave independently from BRN.
Best Diversifiers for BRN
1 ETFs have low correlation with BRN (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.04, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.04 | 0.03 | 0.12 | 66 | S&P 500 | BRN vs VOO |
Diversification Analysis
Build a portfolio that complements BRN
Add BRN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BRN