Looking to diversify beyond BKEM? The ETFs below have the lowest correlation with BKEM — 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 BKEM.
Best Diversifiers for BKEM
437 ETFs have low correlation with BKEM (below 0.3), 74 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, down from -0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.32 | — | 53 | Cryptocurrency | BKEM vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 56 | Inverse Equities | BKEM vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 65 | Inverse Equities, Leveraged Equities | BKEM vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | BKEM vs WNTR | |
| ProShares UltraShort Yen | -0.23 | -0.17 | -0.15 | 72 | Leveraged Currency | BKEM vs YCS |
See all 2069 diversifiers for BKEM
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