Looking to balance out your exposure to BCAB? The ETFs below have the lowest correlation with BCAB — they tend to move on their own, which can help reduce risk when BCAB drops. The stock ideas table highlights individual companies that behave independently from BCAB.
No Diversifiers Found for BCAB
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BCAB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BCAB and solid risk/return profiles. The least correlated is Olaplex Holdings, Inc. (OLPX) (Consumer Cyclical) with a 1Y correlation of 0.07, down from 0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Olaplex Holdings, Inc. | 0.07 | 0.17 | — | 66 | Consumer Cyclical | |
| Baidu, Inc. | 0.07 | 0.16 | 0.19 | 73 | Communication Services | |
| The RealReal, Inc. | 0.10 | 0.19 | 0.25 | 68 | Consumer Cyclical |
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