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
668 ETFs have low correlation with BCDF (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.45 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.45 | — | 57 | Cryptocurrency | BCDF vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.44 | — | 60 | Inverse Equities, Leveraged Equities | BCDF vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | -0.44 | — | 53 | Inverse Equities | BCDF vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | BCDF vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.25 | -0.31 | — | 51 | Currency | BCDF vs UUP |
See all 2071 diversifiers for BCDF
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