Looking to balance out your exposure to BCSF? The ETFs below have the lowest correlation with BCSF — they tend to move on their own, which can help reduce risk when BCSF drops. The stock ideas table highlights individual companies that behave independently from BCSF.
Best Diversifiers for BCSF
5 ETFs have low correlation with BCSF (below 0.3), 1 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.09, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.09 | -0.00 | -0.01 | 63 | Leveraged Currency | BCSF vs YCS | |
| VanEck Semiconductor ETF | 0.16 | 0.20 | 0.28 | 94 | Semiconductors, Technology Equities | BCSF vs SMH | |
| Invesco S&P 500 Momentum ETF | 0.24 | 0.29 | 0.36 | 68 | Momentum, S&P 500 | BCSF vs SPMO | |
| Fidelity MSCI Information Technology Index ETF | 0.26 | 0.27 | 0.33 | 60 | Technology Equities | BCSF vs FTEC | |
| Vanguard Information Technology ETF | 0.27 | 0.28 | 0.34 | 58 | Technology Equities | BCSF vs VGT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BCSF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BCSF and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) 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 |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.09 | 0.05 | 0.13 | 69 | Consumer Defensive | |
| Chevron Corporation | 0.04 | 0.17 | 0.27 | 70 | Energy | |
| Exxon Mobil Corporation | 0.05 | 0.15 | 0.25 | 72 | Energy | |
| Lockheed Martin Corporation | 0.05 | 0.09 | 0.15 | 51 | Industrials | |
| Datadog, Inc. | 0.12 | 0.16 | 0.22 | 73 | Technology |
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