Looking to diversify beyond BMAY? The ETFs below have the lowest correlation with BMAY — 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 BMAY.
Best Diversifiers for BMAY
311 ETFs have low correlation with BMAY (below 0.3), 40 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.27 | -0.06 | 0.06 | 55 | Oil & Gas | BMAY vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | BMAY vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | BMAY vs IBIC | |
| Direxion Daily NFLX Bear 1X Shares | -0.17 | -0.31 | -0.31 | 55 | Inverse Equities | BMAY vs NFXS | |
| ProShares UltraShort Yen | -0.15 | -0.01 | -0.01 | 63 | Leveraged Currency | BMAY vs YCS |
See all 1949 diversifiers for BMAY
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