Looking to balance out your exposure to BSVN? The ETFs below have the lowest correlation with BSVN — they tend to move on their own, which can help reduce risk when BSVN drops. The stock ideas table highlights individual companies that behave independently from BSVN.
No Diversifiers Found for BSVN
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BSVN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BSVN and solid risk/return profiles. The least correlated is Chord Energy Corp (CHRD) (Energy) with a 1Y correlation of -0.10, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chord Energy Corp | -0.10 | 0.14 | 0.17 | 65 | Energy | |
| Altria Group, Inc. | -0.05 | 0.02 | 0.12 | 80 | Consumer Defensive | |
| Targa Resources Corp. | 0.03 | 0.16 | 0.22 | 94 | Energy | |
| Target Hospitality Corp. | 0.08 | 0.11 | 0.12 | 90 | Energy | |
| Axcelis Technologies, Inc. | 0.10 | 0.17 | 0.25 | 83 | Technology |
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