Looking to diversify beyond BMAR? The ETFs below have the lowest correlation with BMAR — 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 BMAR.
Best Diversifiers for BMAR
357 ETFs have low correlation with BMAR (below 0.3), 71 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.07 | 0.07 | 71 | Oil & Gas | BMAR vs DBE | |
| United States Oil Fund LP | -0.32 | -0.06 | 0.06 | 66 | Oil & Gas | BMAR vs USO | |
| United States Brent Oil Fund LP | -0.29 | -0.05 | 0.06 | 65 | Oil & Gas | BMAR vs BNO | |
| United States 12 Month Oil Fund LP | -0.29 | -0.03 | 0.08 | 56 | Oil & Gas | BMAR vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.29 | -0.03 | 0.08 | 55 | Oil & Gas | BMAR vs OILK |
See all 2115 diversifiers for BMAR
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