Looking to balance out your exposure to BTU? The ETFs below have the lowest correlation with BTU — they tend to move on their own, which can help reduce risk when BTU drops. The stock ideas table highlights individual companies that behave independently from BTU.
Best Diversifiers for BTU
4 ETFs have low correlation with BTU (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares UltraPro QQQ (TQQQ) (Leveraged Equities) with a 1Y correlation of 0.06, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | 0.06 | 0.11 | 0.14 | 53 | Leveraged Equities | BTU vs TQQQ | |
| Invesco QQQ ETF | 0.06 | 0.11 | 0.14 | 59 | Nasdaq-100 | BTU vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.07 | 0.14 | 0.19 | 59 | S&P 500 | BTU vs SPY | |
| Vanguard S&P 500 ETF | 0.07 | 0.15 | 0.19 | 59 | S&P 500 | BTU vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BTU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BTU and solid risk/return profiles. The least correlated is Zurn Water Solutions Corporation (ZWS) (Utilities) with a 1Y correlation of -0.02, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Zurn Water Solutions Corporation | -0.02 | 0.11 | 0.17 | 77 | Utilities | |
| DHT Holdings, Inc. | 0.01 | 0.13 | 0.24 | 92 | Energy | |
| Frontline Ltd. | 0.03 | 0.14 | 0.24 | 95 | Energy | |
| PulteGroup, Inc. | 0.05 | 0.10 | 0.11 | 61 | Consumer Cyclical | |
| Meritage Homes Corporation | 0.05 | 0.11 | 0.13 | 55 | Consumer Cyclical |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BTU
Add BTU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BTU