Looking to diversify beyond BDYN? The ETFs below have the lowest correlation with BDYN — 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 BDYN.
Best Diversifiers for BDYN
319 ETFs have low correlation with BDYN (below 0.3), 73 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.27, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.27 | -0.27 | -0.27 | 70 | Oil & Gas | BDYN vs UGA | |
| ProShares Ultra Bloomberg Crude Oil | -0.26 | -0.26 | -0.26 | 54 | Leveraged Commodities | BDYN vs UCO | |
| United States 12 Month Oil Fund LP | -0.26 | -0.26 | -0.26 | 56 | Oil & Gas | BDYN vs USL | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.19 | -0.19 | -0.19 | 62 | Commodities | BDYN vs USOI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | -0.18 | -0.18 | 71 | Commodities | BDYN vs GSG |
See all 2145 diversifiers for BDYN
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BDYN
Add BDYN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BDYN