Looking to diversify beyond BMNU? The ETFs below have the lowest correlation with BMNU — 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 BMNU.
Best Diversifiers for BMNU
473 ETFs have low correlation with BMNU (below 0.3), 33 of which are negatively correlated. The least correlated is Return Stacked Bonds & Futures Yield ETF (RSBY) (Multistrategy) with a 1Y correlation of -0.19, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Return Stacked Bonds & Futures Yield ETF | -0.19 | -0.19 | -0.19 | 51 | Multistrategy | BMNU vs RSBY | |
| Direxion Daily NFLX Bear 1X Shares | -0.16 | -0.16 | -0.16 | 60 | Inverse Equities | BMNU vs NFXS | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.12 | -0.12 | 100 | Government Bonds, Ultrashort Bond | BMNU vs USFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | -0.12 | -0.12 | 96 | Inflation-Protected Bonds | BMNU vs IBID | |
| Obra Opportunistic Structured Products ETF | -0.09 | -0.09 | -0.09 | 84 | Multisector Bonds | BMNU vs OOSP |
See all 2020 diversifiers for BMNU
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