Looking to balance out your exposure to BCAT? The ETFs below have the lowest correlation with BCAT — they tend to move on their own, which can help reduce risk when BCAT drops. The stock ideas table highlights individual companies that behave independently from BCAT.
Best Diversifiers for BCAT
14 ETFs have low correlation with BCAT (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 70 | Derivative Income | BCAT vs WNTR | |
| iShares 0-3 Month Treasury Bond ETF | -0.02 | 0.03 | 0.05 | 100 | Ultrashort Bond | BCAT vs SGOV | |
| First Trust Global Tactical Commodity Strategy Fun... | 0.04 | 0.10 | 0.13 | 78 | Commodities | BCAT vs FTGC | |
| VanEck CLO ETF | 0.08 | 0.07 | — | 98 | CLO | BCAT vs CLOI | |
| iShares iBonds 2026 Term High Yield and Income ETF | 0.14 | 0.32 | 0.44 | 84 | Corporate Bonds | BCAT vs IBHF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BCAT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BCAT and solid risk/return profiles. The least correlated is American States Water Company (AWR) (Utilities) with a 1Y correlation of -0.05, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| American States Water Company | -0.05 | 0.06 | 0.15 | 68 | Utilities | |
| LTC Properties, Inc. | -0.04 | 0.15 | 0.18 | 74 | Real Estate | |
| Energy Transfer LP | -0.03 | 0.19 | 0.27 | 83 | Energy | |
| Black Hills Corporation | -0.01 | 0.13 | 0.19 | 87 | Utilities | |
| Repsol SA | -0.00 | 0.13 | 0.19 | 96 | Energy |
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