Looking to diversify beyond BCSM? The ETFs below have the lowest correlation with BCSM — 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 BCSM.
Best Diversifiers for BCSM
0 ETFs have low correlation with BCSM (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator IBD Breakout Opportunities ETF (BOUT) (Mid Cap Growth Equities) with a 1Y correlation of 0.58, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator IBD Breakout Opportunities ETF | 0.58 | 0.58 | 0.58 | 51 | Mid Cap Growth Equities | BCSM vs BOUT | |
| SPDR Galaxy Transformative Tech Accelerators ETF | 0.71 | 0.71 | 0.71 | 95 | Mid Cap Growth Equities | BCSM vs TEKX |
Diversification Analysis
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