Looking to diversify beyond BCI? The ETFs below have the lowest correlation with BCI — 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 BCI.
Best Diversifiers for BCI
1965 ETFs have low correlation with BCI (below 0.3), 1346 of which are negatively correlated. The least correlated is iShares Yield Optimized Bond ETF (BYLD) (Intermediate Core-Plus Bond) with a 1Y correlation of -0.27, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Yield Optimized Bond ETF | -0.27 | -0.03 | 0.03 | 53 | Intermediate Core-Plus Bond | BCI vs BYLD | |
| Fidelity Municipal Bond Opportunities ETF | -0.26 | — | — | 85 | Municipal Bonds | BCI vs FMUB | |
| Avantis Credit ETF | -0.25 | — | — | 51 | Global Bonds | BCI vs AVGB | |
| Avantis Short-Term Fixed Income ETF | -0.25 | -0.05 | -0.00 | 67 | Short-Term Bond | BCI vs AVSF | |
| Hartford Municipal Opportunities ETF | -0.25 | -0.08 | -0.05 | 73 | Municipal Bonds | BCI vs HMOP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BCI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BCI and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.09, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.09 | -0.03 | 0.13 | 53 | Financial Services | |
| Merck & Co., Inc. | -0.07 | -0.03 | 0.01 | 91 | Healthcare | |
| The Coca-Cola Company | -0.07 | -0.05 | 0.04 | 83 | Consumer Defensive | |
| Johnson & Johnson | -0.05 | -0.04 | -0.01 | 97 | Healthcare | |
| Broadcom Inc. | -0.03 | 0.07 | 0.12 | 71 | Technology |
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Build a portfolio that complements BCI
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