Looking to diversify beyond BSCS? The ETFs below have the lowest correlation with BSCS — 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 BSCS.
Best Diversifiers for BSCS
936 ETFs have low correlation with BSCS (below 0.3), 49 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 -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.46 | -0.49 | 63 | Leveraged Currency | BSCS vs YCS | |
| United States Gasoline Fund LP | -0.39 | -0.16 | -0.09 | 55 | Oil & Gas | BSCS vs UGA | |
| Fidelity Managed Futures ETF | -0.28 | — | — | 64 | Systematic Trend | BSCS vs FFUT | |
| VanEck Commodity Strategy ETF | -0.24 | -0.06 | — | 57 | Commodities | BSCS vs PIT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.22 | -0.04 | — | 50 | Commodities | BSCS vs CMDT |
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