Looking to diversify beyond BAMA? The ETFs below have historically moved differently from BAMA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BAMA
385 ETFs have low correlation with BAMA (below 0.3), 98 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.50 | — | — | 61 | Cryptocurrency | BAMA vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.50 | — | — | 52 | Inverse Equities | BAMA vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 61 | Inverse Equities, Leveraged Equities | BAMA vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.49 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BAMA vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.48 | — | — | 75 | Derivative Income | BAMA vs WNTR |
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