Looking to balance out your exposure to BWB? The ETFs below have the lowest correlation with BWB — they tend to move on their own, which can help reduce risk when BWB drops. The stock ideas table highlights individual companies that behave independently from BWB.
Best Diversifiers for BWB
0 ETFs have low correlation with BWB (below 0.3), 0 of which are negatively correlated. The least correlated is Avantis International Small Cap Value ETF (AVDV) (Foreign Small & Mid Cap Equities) with a 1Y correlation of 0.31, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis International Small Cap Value ETF | 0.31 | 0.35 | 0.36 | 78 | Foreign Small & Mid Cap Equities | BWB vs AVDV | |
| Vanguard S&P 500 ETF | 0.42 | 0.36 | 0.39 | 70 | S&P 500 | BWB vs VOO | |
| State Street SPDR S&P 500 ETF | 0.42 | 0.37 | 0.39 | 70 | S&P 500 | BWB vs SPY | |
| Vanguard Total Stock Market ETF | 0.44 | 0.40 | 0.42 | 68 | Large Cap Blend Equities | BWB vs VTI | |
| Avantis US Small Cap Value ETF | 0.61 | 0.62 | 0.59 | 67 | Small Cap Value Equities | BWB vs AVUV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BWB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BWB and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.15, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.15 | 0.10 | 0.16 | 78 | Technology | |
| Bank of America Corporation | 0.49 | 0.54 | 0.53 | 64 | Financial Services |
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