Looking to diversify beyond BBHM? The ETFs below have the lowest correlation with BBHM — 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 BBHM.
Best Diversifiers for BBHM
225 ETFs have low correlation with BBHM (below 0.3), 42 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.32 | -0.32 | 71 | Oil & Gas | BBHM vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | -0.22 | -0.22 | 71 | Commodities | BBHM vs GSG | |
| ProShares UltraShort Yen | -0.21 | -0.21 | -0.21 | 61 | Leveraged Currency | BBHM vs YCS | |
| DoubleLine Commodity Strategy ETF | -0.17 | -0.17 | -0.17 | 76 | Commodities | BBHM vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.16 | -0.16 | -0.16 | 75 | Commodities | BBHM vs DBC |
See all 2074 diversifiers for BBHM
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