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High CorrelationLow Correlation

23 Stocks and 77 ETFs for diversifying Best Buy (BBY)

The least correlated asset to Best Buy (BBY) is company Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The correlation is -0.793.

Stocks that lowly correlated with BBY

SymbolName
Market cap
SectorIndustry
Correlation
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.79
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.73
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.68
KMRKKTech Solutions Company Ltd$21MConsumer CyclicalLeisure-0.62
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.61
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.59
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.55
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.54
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.53
CFG-P-ICitizens Financial Group Inc$11BN/AN/A-0.53
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.53
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.46
COLAColumbus Acquisition Corp$34MFinancial ServicesShell Companies-0.45
BAYAUBayview Acquisition Corp - Units (1 Ord & 1 Right)$21MFinancial ServicesShell Companies-0.44
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.44
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.44
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.43
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.43
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.43
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.41
SMXTSolarMax Technology Inc$20MTechnologySolar-0.41
TMUSITMobile US Inc 5.500 Senior Notes due June 2070$23BN/AN/A-0.41
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.41

ETFs that lowly correlated with BBY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.67
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.67
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.64
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.63
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.63
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.62
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.62
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.61
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.61
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.61
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.60
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.59
FFUTFIDELITY MANAGED FUTURES ETF $247M0.80%Jun 3, 2025-0.59
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.59
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.58
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.58
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.58
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.58
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.58
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.57
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.57
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.56
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.56
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.55
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.55
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.55
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.55
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.54
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.54
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.54
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.54
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.53
XLCISTATE STREET(R) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R ) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$2.10M0.35%Jul 29, 2025-0.53
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.52
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.52
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.52
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.51
SLJYAmplify SILJ Covered Call ETF$54M0.76%Aug 18, 2025-0.51
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.51
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.50
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.49
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.49
ZMAYInnovator Equity Defined Protection ETF 1 Yr May$98M0.79%Apr 30, 2025-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.48
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.48
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.48
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.48
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.47
TIPBNORTHERN TRUST 2035 INFLATION-LINKED DISTRIBUTING LADDER ETF $8M0.10%Aug 18, 2025-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.47
GXPCGLOBAL X PURECAP MSCI COMMUNICATION SERVICES ETF $80M0.15%Jul 22, 2025-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.47
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.46
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.46
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.46
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.46
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.46
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.45
KGLDKurv Gold Enhanced Income ETF$97M1.00%Jul 7, 2025-0.44
PMMYPGIM S&P 500 MAX BUFFER ETF - MAY $5.40M0.50%Apr 30, 2025-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.43
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.43
GEVXTradr 2X Long GEV Daily ETF$52MN/AJul 10, 2025-0.42
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.50B0.75%Mar 7, 2022-0.42
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.42
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.42
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.41
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.41
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.41