Looking to diversify beyond BSCT? The ETFs below have historically moved differently from BSCT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BSCT
807 ETFs have low correlation with BSCT (below 0.3), 108 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.48, roughly unchanged from -0.50 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.48 | -0.48 | -0.50 | 56 | Leveraged Currency | BSCT vs YCS | |
| United States Brent Oil Fund LP | -0.39 | -0.21 | -0.11 | 52 | Oil & Gas | BSCT vs BNO | |
| Invesco DB Energy Fund | -0.38 | -0.21 | -0.11 | 72 | Oil & Gas | BSCT vs DBE | |
| United States Oil Fund LP | -0.38 | -0.21 | -0.11 | 55 | Oil & Gas | BSCT vs USO | |
| Invesco DB Oil Fund | -0.38 | -0.20 | -0.11 | 58 | Oil & Gas | BSCT vs DBO |
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