Looking to diversify beyond BCPL? The ETFs below have the lowest correlation with BCPL — 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 BCPL.
Best Diversifiers for BCPL
233 ETFs have low correlation with BCPL (below 0.3), 46 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.36 | -0.36 | -0.36 | 97 | Inflation-Protected Bonds | BCPL vs RBIL | |
| Invesco S&P SmallCap Energy ETF | -0.34 | -0.34 | -0.34 | 56 | Energy Equities | BCPL vs PSCE | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.33 | -0.33 | -0.33 | 58 | Commodities | BCPL vs FTGC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.33 | -0.33 | -0.33 | 54 | Commodities | BCPL vs CERY | |
| Neuberger Berman Energy Transition & Infrastructur... | -0.27 | -0.27 | -0.27 | 51 | Energy Equities | BCPL vs NBET |
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