Looking to diversify beyond BBCB? The ETFs below have the lowest correlation with BBCB — 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 BBCB.
Best Diversifiers for BBCB
604 ETFs have low correlation with BBCB (below 0.3), 89 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.48, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.48 | -0.44 | -0.47 | 61 | Leveraged Currency | BBCB vs YCS | |
| Invesco DB Energy Fund | -0.40 | -0.19 | -0.12 | 71 | Oil & Gas | BBCB vs DBE | |
| United States Gasoline Fund LP | -0.40 | -0.17 | -0.11 | 69 | Oil & Gas | BBCB vs UGA | |
| Invesco DB Oil Fund | -0.39 | -0.18 | -0.12 | 65 | Oil & Gas | BBCB vs DBO | |
| United States Brent Oil Fund LP | -0.39 | -0.19 | -0.13 | 65 | Oil & Gas | BBCB vs BNO |
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