Looking to diversify beyond BAMG? The ETFs below have the lowest correlation with BAMG — 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 BAMG.
Best Diversifiers for BAMG
381 ETFs have low correlation with BAMG (below 0.3), 72 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | — | — | 71 | Oil & Gas | BAMG vs DBE | |
| United States Oil Fund LP | -0.32 | — | — | 66 | Oil & Gas | BAMG vs USO | |
| United States Brent Oil Fund LP | -0.30 | — | — | 65 | Oil & Gas | BAMG vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | BAMG vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.28 | — | — | 55 | Oil & Gas | BAMG vs OILK |
See all 2115 diversifiers for BAMG
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