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
1198 ETFs have low correlation with BSCS (below 0.3), 83 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.47 | -0.44 | -0.40 | 51 | Currency | BSCS vs UUP | |
| ProShares UltraShort Yen | -0.44 | -0.46 | -0.49 | 72 | Leveraged Currency | BSCS vs YCS | |
| United States Gasoline Fund LP | -0.37 | -0.17 | -0.09 | 78 | Oil & Gas | BSCS vs UGA | |
| Invesco DB Energy Fund | -0.35 | -0.16 | -0.09 | 53 | Oil & Gas | BSCS vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.31 | -0.11 | -0.05 | 51 | Commodities | BSCS vs GSG |
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