Looking to diversify beyond BSCZ? The ETFs below have the lowest correlation with BSCZ — 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 BSCZ.
Best Diversifiers for BSCZ
415 ETFs have low correlation with BSCZ (below 0.3), 72 of which are negatively correlated. The least correlated is Invesco DB Commodity Index Tracking Fund (DBC) (Commodities) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Commodity Index Tracking Fund | -0.34 | -0.34 | -0.34 | 75 | Commodities | BSCZ vs DBC | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.34 | -0.34 | -0.34 | 74 | Commodities | BSCZ vs PDBC | |
| First Trust Alternative Absolute Return Strategy E... | -0.28 | -0.28 | -0.28 | 90 | Commodities | BSCZ vs FAAR | |
| VanEck Commodity Strategy ETF | -0.28 | -0.28 | -0.28 | 87 | Commodities | BSCZ vs PIT | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.28 | -0.28 | -0.28 | 74 | Commodities | BSCZ vs SDCI |
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