Looking to diversify beyond BSCP? The ETFs below have the lowest correlation with BSCP — 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 BSCP.
Best Diversifiers for BSCP
2058 ETFs have low correlation with BSCP (below 0.3), 81 of which are negatively correlated. The least correlated is Breakwave Dry Bulk Shipping ETF (BDRY) (Commodities) with a 1Y correlation of -0.16, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Dry Bulk Shipping ETF | -0.16 | -0.04 | 0.00 | 80 | Commodities | BSCP vs BDRY | |
| iShares iBonds Dec 2028 Term Muni Bond ETF | -0.15 | 0.21 | 0.43 | 79 | Municipal Bonds | BSCP vs IBMQ | |
| Brookmont Catastrophic Bond ETF | -0.13 | -0.01 | -0.01 | 97 | Nontraditional Bonds | BSCP vs ILS | |
| iShares Short-Term National Muni Bond ETF | -0.11 | 0.20 | 0.38 | 82 | Municipal Bonds, Short-Term Bond | BSCP vs SUB | |
| iShares iBonds Dec 2026 Term Treasury ETF | -0.11 | 0.45 | 0.69 | 99 | Government Bonds | BSCP vs IBTG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BSCP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BSCP and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.03, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.03 | 0.12 | 0.20 | 55 | Consumer Cyclical |
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