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
224 ETFs have low correlation with BINC (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.40 | — | 63 | Leveraged Currency | BINC vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.15 | — | 55 | Oil & Gas | BINC vs UGA | |
| VanEck Commodity Strategy ETF | -0.26 | -0.05 | — | 57 | Commodities | BINC vs PIT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.25 | — | — | 99 | Ultrashort Bond | BINC vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.06 | — | 75 | Commodities | BINC vs FAAR |
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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 ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.23, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.23 | -0.03 | -0.02 | 65 | Energy | |
| Chevron Corporation | -0.20 | 0.02 | 0.01 | 70 | Energy | |
| Exxon Mobil Corporation | -0.17 | 0.02 | 0.02 | 72 | Energy | |
| BP p.l.c. | -0.13 | 0.04 | 0.04 | 77 | Energy | |
| Energy Transfer LP | -0.13 | 0.09 | 0.09 | 72 | Energy |
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