Looking to diversify beyond BSCQ? The ETFs below have the lowest correlation with BSCQ — 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 BSCQ.
Best Diversifiers for BSCQ
2115 ETFs have low correlation with BSCQ (below 0.3), 643 of which are negatively correlated. The least correlated is First Trust Merger Arbitrage ETF (MARB) (Long-Short) with a 1Y correlation of -0.15, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Merger Arbitrage ETF | -0.15 | 0.04 | 0.05 | 52 | Long-Short | BSCQ vs MARB | |
| Militia Long/Short Equity ETF | -0.15 | — | — | 52 | Long-Short | BSCQ vs ORR | |
| Neos Enhanced Income Cash Alternative ETF | -0.15 | -0.03 | — | 99 | Ultrashort Bond | BSCQ vs CSHI | |
| iShares U.S. Power Infrastructure ETF | -0.12 | -0.01 | -0.01 | 59 | Utilities Equities | BSCQ vs POWR | |
| Matthews China Discovery Active ETF | -0.12 | — | — | 90 | China Equities | BSCQ vs MCHS |
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