Looking to balance out your exposure to BMA? The ETFs below have the lowest correlation with BMA — they tend to move on their own, which can help reduce risk when BMA drops. The stock ideas table highlights individual companies that behave independently from BMA.
Best Diversifiers for BMA
4 ETFs have low correlation with BMA (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.20, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.20 | -0.06 | -0.05 | 100 | Ultrashort Bond | BMA vs SGOV | |
| VanEck IG Floating Rate ETF | 0.06 | 0.07 | 0.11 | 99 | Corporate Bonds, Ultrashort Bond | BMA vs FLTR | |
| iMGP DBi Managed Futures Strategy ETF | 0.08 | 0.08 | 0.07 | 74 | Systematic Trend | BMA vs DBMF | |
| T-Rex 2X Long Alphabet Daily Target ETF | 0.16 | — | — | 93 | Leveraged Bonds | BMA vs GOOX | |
| State Street SPDR S&P 500 ETF | 0.34 | 0.33 | 0.32 | 59 | S&P 500 | BMA vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BMA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BMA and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.15 | -0.00 | 0.02 | 69 | Consumer Defensive | |
| Marathon Petroleum Corporation | -0.05 | 0.11 | 0.20 | 82 | Energy | |
| Kinder Morgan, Inc. | -0.04 | 0.11 | 0.23 | 72 | Energy | |
| The Travelers Companies, Inc. | -0.03 | 0.10 | 0.16 | 74 | Financial Services | |
| Centene Corporation | -0.02 | -0.03 | 0.08 | 52 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BMA
Add BMA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BMA