Looking to diversify beyond BKGI? The ETFs below have the lowest correlation with BKGI — 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 BKGI.
Best Diversifiers for BKGI
751 ETFs have low correlation with BKGI (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, roughly unchanged from -0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.27 | — | 63 | Leveraged Currency | BKGI vs YCS | |
| Invesco DB Energy Fund | -0.18 | -0.01 | — | 71 | Oil & Gas | BKGI vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | BKGI vs IBIC | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.15 | -0.00 | 0.08 | 56 | Oil & Gas | BKGI vs OILK | |
| United States Brent Oil Fund LP | -0.15 | -0.01 | 0.07 | 65 | Oil & Gas | BKGI vs BNO |
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