Looking to diversify beyond BCD? The ETFs below have the lowest correlation with BCD — 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 BCD.
Best Diversifiers for BCD
1959 ETFs have low correlation with BCD (below 0.3), 713 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.25 | — | — | 51 | Global Bonds | BCD vs AVGB | |
| Fidelity Municipal Bond Opportunities ETF | -0.25 | — | — | 85 | Municipal Bonds | BCD vs FMUB | |
| F/M 2-Year Investment Grade Corporate Bond ETF | -0.23 | -0.17 | -0.17 | 92 | Short-Term Bond | BCD vs ZTWO | |
| iShares Yield Optimized Bond ETF | -0.23 | -0.02 | 0.03 | 53 | Intermediate Core-Plus Bond | BCD vs BYLD | |
| Franklin Short Duration U.S. Government ETF | -0.23 | -0.08 | -0.01 | 96 | Mortgage Backed Securities | BCD vs FTSD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BCD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BCD and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.13, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.13 | -0.03 | 0.00 | 80 | Healthcare | |
| General Electric Company | -0.07 | 0.00 | 0.11 | 78 | Industrials | |
| Apple Inc | -0.06 | 0.04 | 0.09 | 91 | Technology | |
| Altria Group, Inc. | -0.05 | -0.03 | 0.08 | 81 | Consumer Defensive | |
| Citigroup Inc. | -0.04 | 0.05 | 0.17 | 92 | Financial Services |
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