Looking to diversify beyond BAMA? The ETFs below have the lowest correlation with BAMA — 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 BAMA.
Best Diversifiers for BAMA
313 ETFs have low correlation with BAMA (below 0.3), 77 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.37 | -0.37 | 57 | Cryptocurrency | BAMA vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 60 | Inverse Equities | BAMA vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BAMA vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 68 | Inverse Equities, Leveraged Equities | BAMA vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 70 | Derivative Income | BAMA vs WNTR |
See all 2048 diversifiers for BAMA
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BAMA
Add BAMA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BAMA