Looking to diversify beyond BKMC? The ETFs below have the lowest correlation with BKMC — 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 BKMC.
Best Diversifiers for BKMC
240 ETFs have low correlation with BKMC (below 0.3), 28 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.25 | -0.04 | 0.10 | 55 | Oil & Gas | BKMC vs UGA | |
| ProShares UltraShort Yen | -0.19 | -0.07 | -0.04 | 63 | Leveraged Currency | BKMC vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | -0.17 | -0.17 | 97 | Inflation-Protected Bonds | BKMC vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.04 | -0.03 | 100 | Government Bonds, Ultrashort Bond | BKMC vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | 0.04 | 0.04 | 99 | Ultrashort Bond | BKMC vs CSHP |
See all 1726 diversifiers for BKMC
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