Looking to balance out your exposure to BRSP? The ETFs below have the lowest correlation with BRSP — they tend to move on their own, which can help reduce risk when BRSP drops. The stock ideas table highlights individual companies that behave independently from BRSP.
No Diversifiers Found for BRSP
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BRSP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BRSP and solid risk/return profiles. The least correlated is W. P. Carey Inc. (WPC) (Real Estate) with a 1Y correlation of 0.17, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| W. P. Carey Inc. | 0.17 | 0.35 | 0.40 | 79 | Real Estate | |
| Medical Properties Trust, Inc | 0.20 | 0.34 | 0.40 | 56 | Real Estate | |
| Healthcare Realty Trust Incorporated | 0.21 | 0.33 | 0.39 | 86 | Real Estate | |
| Broadstone Net Lease, Inc. | 0.21 | 0.41 | 0.48 | 85 | Real Estate | |
| LTC Properties, Inc. | 0.22 | 0.34 | 0.39 | 50 | Real Estate |
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