Looking to diversify beyond BCDF? The ETFs below have the lowest correlation with BCDF — 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 BCDF.
Best Diversifiers for BCDF
473 ETFs have low correlation with BCDF (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, roughly unchanged from -0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.13 | — | 61 | Leveraged Currency | BCDF vs YCS | |
| Breakwave Tanker Shipping ETF | -0.14 | 0.00 | — | 98 | Commodities | BCDF vs BWET | |
| Roundhill Weekly T-Bill ETF | -0.13 | — | — | 99 | Ultrashort Bond | BCDF vs WEEK | |
| Cambria Tactical Yield ETF | -0.10 | — | — | 99 | BCDF vs TYLD | ||
| WisdomTree Floating Rate Treasury Fund | -0.09 | -0.04 | — | 100 | Government Bonds, Ultrashort Bond | BCDF vs USFR |
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