Looking to diversify beyond BSCY? The ETFs below have the lowest correlation with BSCY — 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 BSCY.
Best Diversifiers for BSCY
365 ETFs have low correlation with BSCY (below 0.3), 43 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 -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.44 | -0.44 | 61 | Leveraged Currency | BSCY vs YCS | |
| Fidelity Managed Futures ETF | -0.27 | -0.28 | -0.28 | 64 | Systematic Trend | BSCY vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.26 | -0.11 | -0.11 | 70 | Commodities | BSCY vs FAAR | |
| VanEck Commodity Strategy ETF | -0.26 | -0.11 | -0.11 | 55 | Commodities | BSCY vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.22 | -0.09 | -0.09 | 50 | Commodities | BSCY vs CERY |
See all 2076 diversifiers for BSCY
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