Looking to diversify beyond BCKT? The ETFs below have the lowest correlation with BCKT — 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 BCKT.
Best Diversifiers for BCKT
3 ETFs have low correlation with BCKT (below 0.3), 0 of which are negatively correlated. The least correlated is Simplify Treasury Option Income ETF (BUCK) (Government Bonds) with a 1Y correlation of 0.00, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 0.00 | 0.00 | 0.00 | 85 | Government Bonds, Ultrashort Bond, Derivative Income | BCKT vs BUCK | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.08 | 0.08 | 0.08 | 100 | Government Bonds, Ultrashort Bond | BCKT vs XHLF | |
| iShares 0-1 Year Treasury Bond ETF | 0.24 | 0.24 | 0.24 | 100 | Government Bonds, Ultrashort Bond | BCKT vs SHV |
Diversification Analysis
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