Looking to diversify beyond BBAG? The ETFs below have the lowest correlation with BBAG — 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 BBAG.
Best Diversifiers for BBAG
1038 ETFs have low correlation with BBAG (below 0.3), 90 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.48, down from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.48 | -0.41 | -0.37 | 51 | Currency | BBAG vs UUP | |
| ProShares UltraShort Yen | -0.47 | -0.46 | -0.49 | 72 | Leveraged Currency | BBAG vs YCS | |
| United States Gasoline Fund LP | -0.45 | -0.23 | -0.15 | 78 | Oil & Gas | BBAG vs UGA | |
| Invesco DB Energy Fund | -0.44 | -0.24 | -0.17 | 53 | Oil & Gas | BBAG vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.40 | -0.19 | -0.12 | 51 | Commodities | BBAG vs GSG |
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