Looking to balance out your exposure to BHAT? The ETFs below have the lowest correlation with BHAT — they tend to move on their own, which can help reduce risk when BHAT drops. The stock ideas table highlights individual companies that behave independently from BHAT.
Best Diversifiers for BHAT
1 ETFs have low correlation with BHAT (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.28, up from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.28 | 0.10 | 0.16 | 70 | S&P 500 | BHAT vs SPY |
Diversification Analysis
Build a portfolio that complements BHAT
Add BHAT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BHAT