Looking to diversify beyond BHYB? The ETFs below have the lowest correlation with BHYB — 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 BHYB.
Best Diversifiers for BHYB
234 ETFs have low correlation with BHYB (below 0.3), 78 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | — | — | 61 | Leveraged Currency | BHYB vs YCS | |
| Invesco DB Energy Fund | -0.36 | -0.11 | -0.11 | 71 | Oil & Gas | BHYB vs DBE | |
| United States Brent Oil Fund LP | -0.36 | -0.10 | -0.10 | 65 | Oil & Gas | BHYB vs BNO | |
| United States Oil Fund LP | -0.36 | -0.11 | -0.11 | 66 | Oil & Gas | BHYB vs USO | |
| United States Gasoline Fund LP | -0.35 | -0.12 | -0.12 | 69 | Oil & Gas | BHYB vs UGA |
See all 2115 diversifiers for BHYB
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Diversification Analysis
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