Looking to balance out your exposure to BSAC? The ETFs below have the lowest correlation with BSAC — they tend to move on their own, which can help reduce risk when BSAC drops. The stock ideas table highlights individual companies that behave independently from BSAC.
Best Diversifiers for BSAC
0 ETFs have low correlation with BSAC (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity MSCI Information Technology Index ETF (FTEC) (Technology Equities) with a 1Y correlation of 0.37, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | 0.37 | 0.34 | 0.30 | 51 | Technology Equities | BSAC vs FTEC | |
| Invesco PHLX Semiconductor ETF | 0.38 | 0.34 | 0.31 | 89 | Semiconductors, Technology Equities | BSAC vs SOXQ | |
| Invesco NASDAQ 100 ETF | 0.43 | 0.37 | 0.32 | 54 | Nasdaq-100 | BSAC vs QQQM | |
| Vanguard ESG U.S. Stock ETF | 0.47 | 0.41 | 0.35 | 53 | Large Cap Blend Equities, ESG | BSAC vs ESGV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BSAC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BSAC and solid risk/return profiles. The least correlated is COSCO SHIPPING Holdings Co., Ltd. (CICOY) (Industrials) with a 1Y correlation of 0.21, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| COSCO SHIPPING Holdings Co., Ltd. | 0.21 | 0.16 | 0.18 | 60 | Industrials | |
| Sociedad Química y Minera de Chile S.A. | 0.36 | 0.38 | 0.40 | 85 | Basic Materials | |
| Banco Santander (Brasil) S.A. | 0.58 | 0.48 | 0.49 | 56 | Financial Services | |
| Banco Bradesco S.A. | 0.61 | 0.48 | 0.47 | 72 | Financial Services | |
| Enel Chile S.A. | 0.66 | 0.60 | 0.50 | 81 | Utilities |
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