Looking to diversify beyond BKAG? The ETFs below have the lowest correlation with BKAG — 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 BKAG.
Best Diversifiers for BKAG
1021 ETFs have low correlation with BKAG (below 0.3), 92 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.48, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.48 | -0.47 | -0.50 | 72 | Leveraged Currency | BKAG vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.45 | -0.41 | -0.36 | 51 | Currency | BKAG vs UUP | |
| United States Gasoline Fund LP | -0.40 | -0.21 | -0.14 | 78 | Oil & Gas | BKAG vs UGA | |
| Invesco DB Energy Fund | -0.40 | -0.22 | -0.16 | 53 | Oil & Gas | BKAG vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.36 | -0.17 | -0.11 | 51 | Commodities | BKAG vs GSG |
See all 2049 diversifiers for BKAG
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