Looking to balance out your exposure to BURBY? The ETFs below have the lowest correlation with BURBY — they tend to move on their own, which can help reduce risk when BURBY drops. The stock ideas table highlights individual companies that behave independently from BURBY.
Best Diversifiers for BURBY
0 ETFs have low correlation with BURBY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.34, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.34 | 0.29 | 0.38 | 74 | S&P 500 | BURBY vs VOO | |
| State Street SPDR S&P 500 ETF | 0.35 | 0.29 | 0.38 | 74 | S&P 500 | BURBY vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BURBY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BURBY and solid risk/return profiles. The least correlated is Ralph Lauren Corporation (RL) (Consumer Cyclical) with a 1Y correlation of 0.38, roughly unchanged from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ralph Lauren Corporation | 0.38 | 0.32 | 0.40 | 72 | Consumer Cyclical | |
| Tapestry, Inc. | 0.41 | 0.36 | 0.42 | 86 | Consumer Cyclical |
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