Looking to diversify beyond BAMY? The ETFs below have the lowest correlation with BAMY — 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 BAMY.
Best Diversifiers for BAMY
346 ETFs have low correlation with BAMY (below 0.3), 70 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.32 | — | — | 66 | Oil & Gas | BAMY vs USO | |
| Invesco DB Energy Fund | -0.32 | — | — | 71 | Oil & Gas | BAMY vs DBE | |
| United States Brent Oil Fund LP | -0.31 | — | — | 65 | Oil & Gas | BAMY vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | BAMY vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.30 | — | — | 55 | Oil & Gas | BAMY vs OILK |
See all 2115 diversifiers for BAMY
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