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
1478 ETFs have low correlation with BBAG (below 0.3), 102 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.51, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.51 | -0.46 | -0.50 | 63 | Leveraged Currency | BBAG vs YCS | |
| Invesco DB Energy Fund | -0.46 | -0.24 | -0.16 | 71 | Oil & Gas | BBAG vs DBE | |
| United States Gasoline Fund LP | -0.45 | -0.22 | -0.15 | 71 | Oil & Gas | BBAG vs UGA | |
| Invesco DB Oil Fund | -0.45 | -0.22 | -0.16 | 65 | Oil & Gas | BBAG vs DBO | |
| United States Brent Oil Fund LP | -0.44 | -0.22 | -0.17 | 65 | Oil & Gas | BBAG vs BNO |
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