Looking to diversify beyond BKHY? The ETFs below have historically moved differently from BKHY, 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 BKHY
218 ETFs have low correlation with BKHY (below 0.3), 75 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 63 | Derivative Income | BKHY vs WNTR | |
| Invesco DB Energy Fund | -0.36 | -0.11 | 0.04 | 53 | Oil & Gas | BKHY vs DBE | |
| ProShares UltraShort Yen | -0.35 | -0.26 | -0.25 | 59 | Leveraged Currency | BKHY vs YCS | |
| United States Gasoline Fund, LP | -0.30 | -0.09 | 0.04 | 74 | Oil & Gas | BKHY vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.29 | -0.03 | 0.09 | 50 | Commodities | BKHY vs GSG |
See all 2166 diversifiers for BKHY
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