Looking to balance out your exposure to BEPC? The ETFs below have the lowest correlation with BEPC — they tend to move on their own, which can help reduce risk when BEPC drops. The stock ideas table highlights individual companies that behave independently from BEPC.
Best Diversifiers for BEPC
9 ETFs have low correlation with BEPC (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Commodity Strategy ETF | -0.07 | — | — | 87 | Commodities | BEPC vs PIT | |
| iShares 0-3 Month Treasury Bond ETF | -0.07 | — | — | 100 | Ultrashort Bond | BEPC vs SGOV | |
| iShares Treasury Floating Rate Bond ETF | 0.01 | — | — | 100 | Government Bonds, Ultrashort Bond | BEPC vs TFLO | |
| iShares Global Energy ETF | 0.02 | 0.13 | 0.13 | 76 | Energy Equities | BEPC vs IXC | |
| Schwab U.S. Dividend Equity ETF | 0.16 | — | — | 80 | Dividend | BEPC vs SCHD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BEPC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BEPC and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.05, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.05 | -0.01 | -0.01 | 59 | Communication Services | |
| Enterprise Products Partners L.P. | -0.01 | 0.08 | 0.08 | 85 | Energy | |
| Emera Inc | 0.02 | 0.02 | 0.02 | 76 | Utilities | |
| Walmart Inc. | 0.03 | — | — | 63 | Consumer Defensive | |
| TC Energy Corporation | 0.03 | 0.12 | 0.12 | 87 | Energy |
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