Looking to balance out your exposure to BSTZ? The ETFs below have the lowest correlation with BSTZ — they tend to move on their own, which can help reduce risk when BSTZ drops. The stock ideas table highlights individual companies that behave independently from BSTZ.
Best Diversifiers for BSTZ
9 ETFs have low correlation with BSTZ (below 0.3), 2 of which are negatively correlated. The least correlated is Harbor Commodity All-Weather Strategy ETF (HGER) (Commodities) with a 1Y correlation of -0.08, down from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Harbor Commodity All-Weather Strategy ETF | -0.08 | 0.08 | — | 78 | Commodities | BSTZ vs HGER | |
| Alpha Architect 1-3 Month Box ETF | -0.03 | -0.03 | — | 100 | Ultrashort Bond | BSTZ vs BOXX | |
| US Treasury 2 Year Note ETF | 0.02 | -0.01 | — | 75 | Government Bonds | BSTZ vs UTWO | |
| Pacer Global Cash Cows Dividend ETF | 0.08 | 0.27 | 0.38 | 79 | Large Cap Value Equities, Dividend | BSTZ vs GCOW | |
| Schwab U.S. Dividend Equity ETF | 0.09 | 0.30 | 0.44 | 80 | Dividend | BSTZ vs SCHD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BSTZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BSTZ and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.17, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.17 | 0.06 | 0.16 | 83 | Energy | |
| Energy Transfer LP | 0.03 | 0.23 | 0.30 | 69 | Energy | |
| Raytheon Technologies Corporation | 0.12 | 0.16 | 0.27 | 70 | Industrials | |
| Ellington Financial Inc. | 0.15 | 0.32 | 0.38 | 69 | Real Estate | |
| AGNC Investment Corp. | 0.19 | 0.34 | 0.42 | 76 | Real Estate |
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