Looking to diversify beyond BDIV? The ETFs below have the lowest correlation with BDIV — 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 BDIV.
Best Diversifiers for BDIV
320 ETFs have low correlation with BDIV (below 0.3), 49 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.14 | -0.14 | 71 | Oil & Gas | BDIV vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | -0.22 | -0.22 | 98 | Inflation-Protected Bonds | BDIV vs RBIL | |
| United States Brent Oil Fund LP | -0.26 | -0.12 | -0.12 | 65 | Oil & Gas | BDIV vs BNO | |
| Invesco DB Oil Fund | -0.26 | -0.11 | -0.11 | 65 | Oil & Gas | BDIV vs DBO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | -0.10 | -0.10 | 56 | Oil & Gas | BDIV vs OILK |
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