Looking to balance out your exposure to BRX? The ETFs below have the lowest correlation with BRX — they tend to move on their own, which can help reduce risk when BRX drops. The stock ideas table highlights individual companies that behave independently from BRX.
Best Diversifiers for BRX
7 ETFs have low correlation with BRX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia EM Core ex-China ETF (XCEM) (Emerging Markets Equities) with a 1Y correlation of 0.02, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia EM Core ex-China ETF | 0.02 | 0.21 | 0.34 | 71 | Emerging Markets Equities | BRX vs XCEM | |
| Vanguard S&P 500 ETF | 0.07 | 0.32 | 0.47 | 66 | S&P 500 | BRX vs VOO | |
| State Street SPDR S&P 500 ETF | 0.07 | 0.32 | 0.47 | 65 | S&P 500 | BRX vs SPY | |
| Schwab U.S. Broad Market ETF | 0.10 | 0.35 | 0.49 | 65 | Large Cap Blend Equities | BRX vs SCHB | |
| Schwab International Equity ETF | 0.15 | 0.34 | 0.45 | 61 | Foreign Large Cap Equities | BRX vs SCHF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BRX and solid risk/return profiles. The least correlated is UOL Group Ltd ADR (UOLGY) (Real Estate) with a 1Y correlation of -0.03, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UOL Group Ltd ADR | -0.03 | 0.13 | 0.14 | 82 | Real Estate | |
| DigitalBridge Group, Inc. | 0.14 | 0.32 | 0.43 | 79 | Real Estate | |
| Howmet Aerospace Inc. | 0.16 | 0.24 | 0.39 | 84 | Industrials | |
| Corporación Inmobiliaria Vesta S.A.B de C.V. | 0.17 | 0.20 | 0.20 | 84 | Real Estate | |
| PepsiCo, Inc. | 0.24 | 0.31 | 0.35 | 53 | Consumer Defensive |
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