Looking to diversify beyond BBMC? The ETFs below have the lowest correlation with BBMC — 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 BBMC.
Best Diversifiers for BBMC
352 ETFs have low correlation with BBMC (below 0.3), 55 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.02 | 0.12 | 71 | Oil & Gas | BBMC vs DBE | |
| United States Oil Fund LP | -0.26 | -0.01 | 0.12 | 66 | Oil & Gas | BBMC vs USO | |
| United States Brent Oil Fund LP | -0.24 | -0.01 | 0.12 | 65 | Oil & Gas | BBMC vs BNO | |
| United States 12 Month Oil Fund LP | -0.23 | 0.02 | 0.14 | 56 | Oil & Gas | BBMC vs USL | |
| United States Gasoline Fund LP | -0.22 | -0.01 | 0.11 | 69 | Oil & Gas | BBMC vs UGA |
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