Looking to diversify beyond BDCX? The ETFs below have the lowest correlation with BDCX — 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 BDCX.
Best Diversifiers for BDCX
675 ETFs have low correlation with BDCX (below 0.3), 50 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cambria Tactical Yield ETF | -0.13 | — | — | 99 | BDCX vs TYLD | ||
| ProShares UltraShort Yen | -0.11 | -0.02 | -0.01 | 61 | Leveraged Currency | BDCX vs YCS | |
| Franklin Liberty Systematic Style Premia ETF | -0.10 | -0.01 | 0.05 | 60 | Long-Short | BDCX vs FLSP | |
| Global X 1-3 Month T-Bill ETF | -0.10 | -0.04 | -0.04 | 100 | Ultrashort Bond | BDCX vs CLIP | |
| Breakwave Tanker Shipping ETF | -0.09 | -0.01 | — | 98 | Commodities | BDCX vs BWET |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BDCX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BDCX and solid risk/return profiles. The least correlated is Capital Southwest Corporation (CSWC) (Financial Services) with a 1Y correlation of 0.78, roughly unchanged from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Capital Southwest Corporation | 0.78 | 0.73 | 0.72 | 72 | Financial Services |
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