Looking to diversify beyond BDCZ? The ETFs below have the lowest correlation with BDCZ — 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 BDCZ.
Best Diversifiers for BDCZ
1152 ETFs have low correlation with BDCZ (below 0.3), 56 of which are negatively correlated. The least correlated is PGIM Ultra Short Municipal Bond ETF (PUSH) (Municipal Bonds) with a 1Y correlation of -0.11, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PGIM Ultra Short Municipal Bond ETF | -0.11 | -0.04 | -0.04 | 88 | Municipal Bonds | BDCZ vs PUSH | |
| Franklin Liberty Systematic Style Premia ETF | -0.10 | -0.01 | 0.05 | 60 | Long-Short | BDCZ vs FLSP | |
| ProShares UltraShort Yen | -0.09 | -0.02 | -0.01 | 61 | Leveraged Currency | BDCZ vs YCS | |
| First Trust New York High Income Municipal ETF | -0.07 | 0.03 | 0.03 | 65 | Municipal Bonds | BDCZ vs FMNY | |
| Virtus SEIX AAA Private Credit CLO ETF | -0.07 | 0.07 | 0.07 | 99 | CLO | BDCZ vs PCLO |
See all 2079 diversifiers for BDCZ
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