Looking to diversify beyond BAMY? The ETFs below have historically moved differently from BAMY, 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 BAMY
291 ETFs have low correlation with BAMY (below 0.3), 86 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 52 | Inverse Equities | BAMY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 61 | Inverse Equities, Leveraged Equities | BAMY vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | — | — | 61 | Cryptocurrency | BAMY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BAMY vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.41 | — | — | 75 | Derivative Income | BAMY vs WNTR |
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