Looking to diversify beyond BSCW? The ETFs below have the lowest correlation with BSCW — 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 BSCW.
Best Diversifiers for BSCW
427 ETFs have low correlation with BSCW (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.51, roughly unchanged from -0.45 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.51 | -0.45 | — | 61 | Leveraged Currency | BSCW vs YCS | |
| Fidelity Managed Futures ETF | -0.30 | — | — | 64 | Systematic Trend | BSCW vs FFUT | |
| VanEck Commodity Strategy ETF | -0.24 | -0.07 | — | 55 | Commodities | BSCW vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.23 | -0.09 | — | 70 | Commodities | BSCW vs FAAR | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.21 | -0.10 | -0.10 | 50 | Commodities | BSCW vs CERY |
See all 2076 diversifiers for BSCW
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