Looking to diversify beyond BCI? The ETFs below have historically moved differently from BCI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BCI
2131 ETFs have low correlation with BCI (below 0.3), 1605 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Municipal Bond Opportunities ETF | -0.28 | — | — | 76 | Municipal Bonds | BCI vs FMUB | |
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Res... | -0.27 | — | — | 63 | Municipal Bonds | BCI vs TAXM | |
| iShares Long-Term National Muni Bond ETF | -0.26 | — | — | 75 | Municipal Bonds | BCI vs LMUB | |
| Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF | -0.26 | -0.09 | -0.03 | 69 | Short-Term Bond | BCI vs NUSA | |
| Astoria Dynamic Core US Fixed Income ETF | -0.26 | -0.26 | -0.26 | 58 | Multisector Bonds | BCI vs AGGA |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BCI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.13, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.13 | -0.05 | 0.12 | 61 | Financial Services | |
| The Coca-Cola Company | -0.10 | -0.06 | 0.03 | 90 | Consumer Defensive | |
| Merck & Co., Inc. | -0.06 | -0.03 | 0.02 | 96 | Healthcare | |
| AGNC Investment Corp. | -0.05 | 0.05 | 0.12 | 79 | Real Estate | |
| Johnson & Johnson | -0.05 | -0.05 | -0.01 | 97 | Healthcare |
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