Looking to diversify beyond BINC? The ETFs below have the lowest correlation with BINC — 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 BINC.
Best Diversifiers for BINC
260 ETFs have low correlation with BINC (below 0.3), 75 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.46 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.47 | -0.46 | — | 51 | Currency | BINC vs UUP | |
| ProShares UltraShort Yen | -0.42 | -0.40 | — | 72 | Leveraged Currency | BINC vs YCS | |
| Invesco DB Energy Fund | -0.42 | -0.17 | — | 53 | Oil & Gas | BINC vs DBE | |
| United States Gasoline Fund LP | -0.38 | -0.15 | — | 78 | Oil & Gas | BINC vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.36 | -0.12 | — | 51 | Commodities | BINC vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BINC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BINC and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.25, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.25 | -0.01 | -0.00 | 70 | Energy | |
| ConocoPhillips Company | -0.25 | -0.04 | -0.03 | 66 | Energy | |
| Exxon Mobil Corporation | -0.24 | -0.01 | -0.01 | 75 | Energy | |
| Occidental Petroleum Corporation | -0.21 | -0.01 | -0.00 | 62 | Energy | |
| Devon Energy Corporation | -0.18 | -0.01 | -0.00 | 72 | Energy |
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