Looking to balance out your exposure to BYCBF? The ETFs below have the lowest correlation with BYCBF — they tend to move on their own, which can help reduce risk when BYCBF drops. The stock ideas table highlights individual companies that behave independently from BYCBF.
No Diversifiers Found for BYCBF
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BYCBF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BYCBF and solid risk/return profiles. The least correlated is The Hershey Company (HSY) (Consumer Defensive) with a 1Y correlation of 0.03, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Hershey Company | 0.03 | 0.03 | 0.02 | 55 | Consumer Defensive |
Build a portfolio that complements BYCBF
Add BYCBF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BYCBF