Looking to diversify beyond BKEM? The ETFs below have historically moved differently from BKEM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BKEM
528 ETFs have low correlation with BKEM (below 0.3), 92 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.33 | — | 51 | Cryptocurrency | BKEM vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.42 | — | — | 69 | Derivative Income | BKEM vs WNTR | |
| iShares U.S. Insurance ETF | -0.25 | 0.02 | 0.20 | 54 | Financials Equities | BKEM vs IAK | |
| Invesco DB Energy Fund | -0.22 | -0.01 | 0.10 | 66 | Oil & Gas | BKEM vs DBE | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.22 | -0.12 | -0.09 | 51 | Nontraditional Bonds | BKEM vs RISR |
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