Looking to diversify beyond BKHY? The ETFs below have the lowest correlation with BKHY — 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 BKHY.
Best Diversifiers for BKHY
196 ETFs have low correlation with BKHY (below 0.3), 57 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | -0.40 | -0.40 | 60 | Inverse Equities, Leveraged Equities | BKHY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 53 | Inverse Equities | BKHY vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 65 | Derivative Income | BKHY vs WNTR | |
| ProShares UltraShort Yen | -0.37 | -0.25 | -0.25 | 75 | Leveraged Currency | BKHY vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.07 | 0.05 | 72 | Oil & Gas | BKHY vs UGA |
See all 2059 diversifiers for BKHY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BKHY
Add BKHY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BKHY