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
171 ETFs have low correlation with BKHY (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.25 | -0.24 | 61 | Leveraged Currency | BKHY vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | BKHY vs RBIL | |
| VanEck Commodity Strategy ETF | -0.19 | 0.02 | — | 55 | Commodities | BKHY vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.17 | -0.03 | -0.01 | 70 | Commodities | BKHY vs FAAR | |
| Fidelity Managed Futures ETF | -0.15 | -0.15 | -0.15 | 64 | Systematic Trend | BKHY vs FFUT |
See all 2076 diversifiers for BKHY
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