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
2 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 0.07, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer Global Cash Cows Dividend ETF | 0.07 | 0.26 | 0.37 | 75 | Large Cap Value Equities, Dividend | BTX vs GCOW | |
| Schwab U.S. Dividend Equity ETF | 0.10 | 0.36 | 0.46 | 89 | Dividend | BTX vs SCHD | |
| Vanguard Small-Cap Value ETF | 0.48 | 0.61 | 0.64 | 67 | Small Cap Value Equities | BTX vs VBR | |
| iShares Russell 1000 Value ETF | 0.52 | 0.59 | 0.62 | 92 | Large Cap Value Equities | BTX vs IWD | |
| Schwab International Equity ETF | 0.54 | 0.55 | 0.60 | 67 | Foreign Large Cap Equities | BTX vs SCHF |
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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 Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.17, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.17 | 0.15 | 0.28 | 52 | Financial Services | |
| Enterprise Products Partners L.P. | -0.06 | 0.17 | 0.24 | 86 | Energy | |
| Energy Transfer LP | -0.02 | 0.24 | 0.30 | 81 | Energy | |
| Kinder Morgan, Inc. | 0.02 | 0.20 | 0.27 | 77 | Energy | |
| Dynex Capital, Inc. | 0.24 | 0.37 | 0.42 | 79 | Real Estate |
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