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
2093 ETFs have low correlation with BCI (below 0.3), 1641 of which are negatively correlated. The least correlated is iShares Yield Optimized Bond ETF (BYLD) (Intermediate Core-Plus Bond) with a 1Y correlation of -0.30, 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 | -0.30 | -0.02 | 0.03 | 57 | Intermediate Core-Plus Bond | BCI vs BYLD | |
| iShares Investment Grade Corporate Bond Buywrite S... | -0.27 | -0.05 | 0.02 | 57 | Corporate Bonds | BCI vs LQDW | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -0.27 | 0.02 | 0.03 | 70 | Emerging Markets Bonds | BCI vs BEMB | |
| Vanguard Emerging Markets Government Bond ETF | -0.27 | 0.02 | 0.08 | 64 | Emerging Markets Bonds | BCI vs VWOB | |
| Neos Enhanced Income Aggregate Bond ETF | -0.27 | -0.04 | 0.02 | 52 | Intermediate Core-Plus Bond | BCI vs BNDI |
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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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.08, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.08 | -0.01 | 0.05 | 63 | Consumer Defensive | |
| Merck & Co., Inc. | -0.07 | -0.02 | 0.02 | 89 | Healthcare | |
| Oklo Inc. | -0.05 | 0.05 | 0.03 | 55 | Utilities | |
| Johnson & Johnson | -0.02 | -0.02 | 0.00 | 92 | Healthcare | |
| Reaves Utility Income Trust | 0.00 | 0.09 | 0.16 | 79 | Financial Services |
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