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
14 ETFs have low correlation with BSTZ (below 0.3), 2 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.12, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.07 | -0.04 | 100 | Government Bonds, Ultrashort Bond | BSTZ vs USFR | |
| Alpha Architect 1-3 Month Box ETF | -0.04 | -0.04 | — | 100 | Ultrashort Bond | BSTZ vs BOXX | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | 0.01 | 0.23 | 0.37 | 54 | S&P 500, Dividend | BSTZ vs SPYD | |
| US Treasury 2 Year Note ETF | 0.01 | -0.01 | — | 79 | Government Bonds | BSTZ vs UTWO | |
| Harbor Commodity All-Weather Strategy ETF | 0.04 | 0.11 | 0.13 | 71 | Commodities | BSTZ vs HGER |
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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 Verizon Communications Inc. (VZ) (Communication Services) 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 |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.26 | -0.12 | -0.01 | 57 | Communication Services | |
| Berkshire Hathaway Inc. | -0.21 | 0.10 | 0.26 | 53 | Financial Services | |
| Chevron Corporation | -0.18 | 0.04 | 0.15 | 70 | Energy | |
| PPL Corporation | -0.16 | -0.04 | 0.10 | 58 | Utilities | |
| Laboratory Corporation of America Holdings | -0.05 | 0.14 | 0.26 | 60 | Healthcare |
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