Looking to balance out your exposure to BXSL? The ETFs below have the lowest correlation with BXSL — they tend to move on their own, which can help reduce risk when BXSL drops. The stock ideas table highlights individual companies that behave independently from BXSL.
Best Diversifiers for BXSL
184 ETFs have low correlation with BXSL (below 0.3), 20 of which are negatively correlated. The least correlated is Alpha Architect 1-3 Month Box ETF (BOXX) (Ultrashort Bond) with a 1Y correlation of -0.09, roughly unchanged from -0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | -0.09 | -0.01 | — | 100 | Ultrashort Bond | BXSL vs BOXX | |
| iShares Treasury Floating Rate Bond ETF | -0.06 | -0.01 | — | 100 | Government Bonds, Ultrashort Bond | BXSL vs TFLO | |
| United States Oil Fund LP | -0.06 | 0.04 | — | 66 | Oil & Gas | BXSL vs USO | |
| iShares 0-1 Year Treasury Bond ETF | -0.06 | -0.01 | — | 100 | Government Bonds, Ultrashort Bond | BXSL vs SHV | |
| ProShares Ultra Bloomberg Crude Oil | -0.05 | 0.06 | 0.06 | 54 | Leveraged Commodities | BXSL vs UCO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BXSL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BXSL and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.12, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.12 | 0.07 | 0.11 | 53 | Utilities | |
| Monster Beverage Corporation | -0.12 | 0.12 | 0.16 | 79 | Consumer Defensive | |
| The Coca-Cola Company | -0.09 | 0.08 | 0.13 | 66 | Consumer Defensive | |
| Altria Group, Inc. | -0.07 | 0.07 | — | 69 | Consumer Defensive | |
| The Hershey Company | -0.06 | 0.02 | — | 55 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BXSL
Add BXSL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BXSL