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
299 ETFs have low correlation with BCPL (below 0.3), 83 of which are negatively correlated. The least correlated is Invesco DB Commodity Index Tracking Fund (DBC) (Commodities) with a 1Y correlation of -0.49, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Commodity Index Tracking Fund | -0.49 | -0.49 | -0.49 | 76 | Commodities | BCPL vs DBC | |
| VanEck Commodity Strategy ETF | -0.48 | -0.48 | — | 86 | Commodities | BCPL vs PIT | |
| Strive U.S. Energy ETF | -0.46 | -0.46 | -0.46 | 58 | Energy Equities | BCPL vs DRLL | |
| iShares U.S. Oil & Gas Exploration & Production ET... | -0.46 | -0.46 | -0.46 | 51 | Energy Equities | BCPL vs IEO | |
| United States Commodity Index Fund | -0.46 | -0.46 | -0.46 | 73 | Commodities | BCPL vs USCI |
See all 2148 diversifiers for BCPL
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