Looking to diversify beyond BBYY? The ETFs below have historically moved differently from BBYY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BBYY
1174 ETFs have low correlation with BBYY (below 0.3), 99 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, roughly unchanged from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.15 | -0.15 | 56 | Leveraged Currency | BBYY vs YCS | |
| Direxion Daily NFLX Bear 1X Shares | -0.09 | -0.09 | -0.09 | 58 | Inverse Equities | BBYY vs NFXS | |
| VanEck Energy Income ETF | -0.09 | -0.09 | -0.09 | 83 | Energy Equities | BBYY vs EINC | |
| Tortoise North American Pipeline Fund | -0.09 | -0.09 | -0.09 | 79 | Energy Equities | BBYY vs TPYP | |
| Texas Capital Government Money Market ETF | -0.08 | -0.08 | -0.08 | 100 | Money Market | BBYY vs MMKT |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BBYY
Add BBYY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BBYY