Looking to diversify beyond BSCX? The ETFs below have the lowest correlation with BSCX — 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 BSCX.
Best Diversifiers for BSCX
545 ETFs have low correlation with BSCX (below 0.3), 94 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.46 | -0.46 | 63 | Leveraged Currency | BSCX vs YCS | |
| United States Brent Oil Fund LP | -0.41 | — | — | 65 | Oil & Gas | BSCX vs BNO | |
| Invesco DB Energy Fund | -0.41 | -0.22 | -0.22 | 71 | Oil & Gas | BSCX vs DBE | |
| United States Gasoline Fund LP | -0.40 | -0.21 | -0.21 | 71 | Oil & Gas | BSCX vs UGA | |
| United States Oil Fund LP | -0.40 | -0.22 | -0.22 | 66 | Oil & Gas | BSCX vs USO |
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