Looking to balance out your exposure to BROS? The ETFs below have the lowest correlation with BROS — they tend to move on their own, which can help reduce risk when BROS drops. The stock ideas table highlights individual companies that behave independently from BROS.
Best Diversifiers for BROS
1 ETFs have low correlation with BROS (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.13, roughly unchanged from 0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.13 | 0.22 | — | 80 | Dividend | BROS vs SCHD | |
| Vanguard Information Technology ETF | 0.31 | 0.38 | — | 76 | Technology Equities | BROS vs VGT | |
| ProShares UltraPro QQQ | 0.33 | 0.39 | — | 71 | Leveraged Equities | BROS vs TQQQ | |
| State Street SPDR S&P 500 ETF | 0.36 | 0.42 | — | 70 | S&P 500 | BROS vs SPY | |
| Vanguard S&P 500 ETF | 0.36 | 0.42 | — | 70 | S&P 500 | BROS vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BROS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BROS and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.14, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.14 | 0.01 | — | 85 | Energy | |
| Verizon Communications Inc. | -0.13 | -0.05 | — | 59 | Communication Services | |
| Enterprise Products Partners L.P. | -0.11 | 0.09 | 0.14 | 85 | Energy | |
| Walmart Inc. | 0.03 | 0.13 | 0.18 | 63 | Consumer Defensive | |
| Elbit Systems Ltd | 0.03 | 0.08 | 0.13 | 88 | Industrials |
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Build a portfolio that complements BROS
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