Looking to diversify beyond BTAL? The ETFs below have the lowest correlation with BTAL — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from BTAL.
Best Diversifiers for BTAL
1951 ETFs have low correlation with BTAL (below 0.3), 1888 of which are negatively correlated. The least correlated is Invesco S&P 500® High Beta ETF (SPHB) (S&P 500) with a 1Y correlation of -0.85, roughly unchanged from -0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500® High Beta ETF | -0.85 | -0.81 | -0.81 | 84 | S&P 500 | BTAL vs SPHB | |
| Direxion Daily S&P 500 High Beta Bull 3X Shares | -0.85 | -0.81 | -0.81 | 84 | Leveraged Equities, S&P 500 | BTAL vs HIBL | |
| AB Disruptors ETF | -0.84 | -0.75 | — | 81 | Global Equities | BTAL vs FWD | |
| AAM Transformers ETF | -0.84 | -0.79 | — | 65 | Technology Equities | BTAL vs TRFM | |
| Franklin Intelligent Machines ETF | -0.83 | -0.72 | -0.73 | 70 | Large Cap Growth Equities | BTAL vs IQM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BTAL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BTAL and solid risk/return profiles. The least correlated is Lam Research Corporation (LRCX) (Technology) with a 1Y correlation of -0.70, down from -0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lam Research Corporation | -0.70 | -0.59 | -0.60 | 98 | Technology | |
| Sterling Infrastructure, Inc. | -0.70 | -0.55 | -0.50 | 96 | Industrials | |
| Applied Materials, Inc. | -0.68 | -0.56 | -0.58 | 97 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.67 | -0.55 | -0.55 | 93 | Technology | |
| Vertiv Holdings Co. | -0.66 | -0.53 | -0.57 | 93 | Industrials |
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