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
149 ETFs have low correlation with BXSL (below 0.3), 12 of which are negatively correlated. The least correlated is Alpha Architect 1-3 Month Box ETF (BOXX) (Ultrashort Bond) with a 1Y correlation of -0.08, roughly unchanged from 0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | -0.08 | 0.00 | — | 100 | Ultrashort Bond | BXSL vs BOXX | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.06 | — | — | 100 | Ultrashort Bond | BXSL vs VBIL | |
| iShares Treasury Floating Rate Bond ETF | -0.06 | 0.00 | — | 100 | Government Bonds, Ultrashort Bond | BXSL vs TFLO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.03 | — | 100 | Government Bonds, Ultrashort Bond | BXSL vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.04 | -0.00 | — | 100 | Government Bonds, Ultrashort Bond | BXSL vs SHV |
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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 Monster Beverage Corporation (MNST) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Monster Beverage Corporation | -0.12 | 0.12 | 0.16 | 85 | Consumer Defensive | |
| The Coca-Cola Company | -0.12 | 0.07 | 0.12 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.11 | 0.07 | 0.11 | 62 | Utilities | |
| CVS Health Corporation | -0.07 | 0.06 | 0.10 | 85 | Healthcare | |
| Walmart Inc. | -0.07 | 0.07 | 0.15 | 69 | Consumer Defensive |
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