Looking to diversify beyond BKMI? The ETFs below have the lowest correlation with BKMI — 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 BKMI.
Best Diversifiers for BKMI
370 ETFs have low correlation with BKMI (below 0.3), 1 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.34 | -0.34 | -0.34 | 55 | Oil & Gas | BKMI vs UGA | |
| Invesco BulletShares 2026 Municipal Bond ETF | 0.08 | 0.08 | 0.08 | 89 | Municipal Bonds | BKMI vs BSMQ | |
| VanEck Inflation Allocation ETF | 0.09 | 0.09 | 0.09 | 68 | Diversified Portfolio | BKMI vs RAAX | |
| Proshares Merger ETF | 0.09 | 0.09 | 0.09 | 92 | Hedge Fund | BKMI vs MRGR | |
| Frontier Asset Absolute Return ETF | 0.09 | 0.09 | 0.09 | 84 | Multistrategy, Global Allocation | BKMI vs FARX |
See all 1834 diversifiers for BKMI
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