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
317 ETFs have low correlation with BAMA (below 0.3), 77 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.37, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.37 | -0.12 | -0.12 | 71 | Oil & Gas | BAMA vs DBE | |
| United States Oil Fund LP | -0.37 | — | — | 66 | Oil & Gas | BAMA vs USO | |
| United States Brent Oil Fund LP | -0.36 | — | — | 65 | Oil & Gas | BAMA vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.35 | — | — | 56 | Derivative Income | BAMA vs USOY | |
| United States Gasoline Fund LP | -0.32 | -0.10 | -0.10 | 71 | Oil & Gas | BAMA vs UGA |
See all 2191 diversifiers for BAMA
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