Looking to diversify beyond BMNG? The ETFs below have the lowest correlation with BMNG — 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 BMNG.
Best Diversifiers for BMNG
421 ETFs have low correlation with BMNG (below 0.3), 28 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.12, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.12 | -0.12 | 100 | Government Bonds, Ultrashort Bond | BMNG vs USFR | |
| Breakwave Dry Bulk Shipping ETF | -0.09 | -0.09 | -0.09 | 73 | Commodities | BMNG vs BDRY | |
| TCW AAA CLO ETF | -0.08 | -0.08 | -0.08 | 99 | CLO | BMNG vs ACLO | |
| SGI Enhanced Core ETF | -0.07 | -0.07 | -0.07 | 95 | Intermediate Core Bond | BMNG vs USDX | |
| Amplify Samsung SOFR ETF | -0.07 | -0.07 | -0.07 | 98 | Multisector Bonds | BMNG vs SOFR |
See all 2038 diversifiers for BMNG
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