Looking to balance out your exposure to BTX? The ETFs below have the lowest correlation with BTX — they tend to move on their own, which can help reduce risk when BTX drops. The stock ideas table highlights individual companies that behave independently from BTX.
Best Diversifiers for BTX
1 ETFs have low correlation with BTX (below 0.3), 0 of which are negatively correlated. The least correlated is Pacer Global Cash Cows Dividend ETF (GCOW) (Large Cap Value Equities) with a 1Y correlation of 0.10, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer Global Cash Cows Dividend ETF | 0.10 | 0.29 | 0.38 | 79 | Large Cap Value Equities, Dividend | BTX vs GCOW | |
| Global X S&P 500 Covered Call ETF | 0.59 | 0.62 | 0.64 | 82 | Derivative Income, S&P 500 | BTX vs XYLD | |
| State Street SPDR S&P 500 ETF | 0.66 | 0.71 | 0.72 | 66 | S&P 500 | BTX vs SPY | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.66 | 0.66 | — | 65 | Nasdaq-100, Derivative Income | BTX vs JEPQ | |
| Vanguard S&P 500 ETF | 0.66 | 0.71 | 0.72 | 66 | S&P 500 | BTX vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BTX and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.00, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.00 | 0.19 | 0.26 | 87 | Energy | |
| Energy Transfer LP | 0.05 | 0.25 | 0.31 | 71 | Energy | |
| Kinder Morgan, Inc. | 0.08 | 0.22 | 0.28 | 65 | Energy | |
| Dynex Capital, Inc. | 0.23 | 0.37 | 0.41 | 75 | Real Estate | |
| AGNC Investment Corp. | 0.28 | 0.40 | 0.47 | 76 | Real Estate |
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