Looking to balance out your exposure to BSTZ? The ETFs below have historically moved differently from BSTZ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BSTZ
18 ETFs have low correlation with BSTZ (below 0.3), 5 of which are negatively correlated. The least correlated is Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) (Dividend) with a 1Y correlation of -0.14, down from 0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500® High Dividend Low Volatility ETF | -0.14 | 0.10 | 0.26 | 53 | Dividend, S&P 500, Low Volatility | BSTZ vs SPHD | |
| 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 | -0.05 | -0.04 | — | 100 | Ultrashort Bond | BSTZ vs BOXX | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | -0.03 | 0.21 | 0.36 | 78 | S&P 500, Dividend | BSTZ vs SPYD | |
| US Treasury 2 Year Note ETF | -0.01 | -0.03 | — | 87 | Government Bonds | BSTZ vs UTWO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BSTZ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.26, down from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.26 | -0.13 | -0.02 | 66 | Communication Services | |
| Philip Morris International Inc. | -0.26 | -0.06 | 0.04 | 66 | Consumer Defensive | |
| Berkshire Hathaway Inc. | -0.24 | 0.09 | 0.25 | 61 | Financial Services | |
| Chevron Corporation | -0.13 | 0.04 | 0.15 | 80 | Energy | |
| Laboratory Corporation of America Holdings | -0.07 | 0.11 | 0.21 | 69 | Healthcare |
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