Looking to diversify beyond BUZZ? The ETFs below have the lowest correlation with BUZZ — 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 BUZZ.
Best Diversifiers for BUZZ
467 ETFs have low correlation with BUZZ (below 0.3), 84 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.20, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.20 | -0.02 | 0.07 | 71 | Oil & Gas | BUZZ vs DBE | |
| United States Oil Fund LP | -0.19 | -0.02 | 0.06 | 66 | Oil & Gas | BUZZ vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.17 | -0.02 | -0.02 | 56 | Derivative Income | BUZZ vs USOY | |
| United States Brent Oil Fund LP | -0.17 | -0.01 | 0.07 | 65 | Oil & Gas | BUZZ vs BNO | |
| Breakwave Tanker Shipping ETF | -0.15 | -0.04 | -0.04 | 99 | Commodities | BUZZ vs BWET |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BUZZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BUZZ and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.19, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.19 | -0.09 | 0.01 | 92 | Healthcare | |
| TC Energy Corporation | -0.04 | 0.18 | 0.26 | 87 | Energy | |
| AbbVie Inc. | -0.03 | 0.06 | 0.07 | 62 | Healthcare | |
| Merck & Co., Inc. | 0.01 | 0.00 | 0.00 | 87 | Healthcare | |
| CVS Health Corporation | 0.02 | 0.11 | 0.16 | 80 | Healthcare |
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