Looking to balance out your exposure to BST? The ETFs below have the lowest correlation with BST — they tend to move on their own, which can help reduce risk when BST drops. The stock ideas table highlights individual companies that behave independently from BST.
Best Diversifiers for BST
8 ETFs have low correlation with BST (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.08, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.08 | -0.02 | 0.00 | 100 | Ultrashort Bond | BST vs SGOV | |
| Invesco Variable Rate Investment Grade ETF | 0.05 | 0.13 | 0.15 | 99 | Ultrashort Bond | BST vs VRIG | |
| Pacer Global Cash Cows Dividend ETF | 0.06 | 0.23 | 0.37 | 79 | Large Cap Value Equities, Dividend | BST vs GCOW | |
| Schwab U.S. Dividend Equity ETF | 0.09 | 0.25 | 0.42 | 80 | Dividend | BST vs SCHD | |
| BlackRock AAA CLO ETF | 0.20 | 0.10 | — | 99 | CLO | BST vs CLOA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BST and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.26, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.26 | -0.13 | -0.01 | 69 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.17 | 0.07 | 0.21 | 85 | Energy | |
| The Coca-Cola Company | -0.14 | -0.08 | 0.06 | 66 | Consumer Defensive | |
| Energy Transfer LP | -0.03 | 0.20 | 0.28 | 69 | Energy | |
| Cohen & Steers Infrastructure Fund, Inc | 0.18 | 0.21 | 0.35 | 63 | Financial Services |
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