Looking to diversify beyond BMVP? The ETFs below have the lowest correlation with BMVP — 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 BMVP.
Best Diversifiers for BMVP
635 ETFs have low correlation with BMVP (below 0.3), 42 of which are negatively correlated. The least correlated is United States 12 Month Oil Fund LP (USL) (Oil & Gas) with a 1Y correlation of -0.17, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States 12 Month Oil Fund LP | -0.17 | -0.00 | 0.14 | 56 | Oil & Gas | BMVP vs USL | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 98 | Inflation-Protected Bonds | BMVP vs RBIL | |
| United States Oil Fund LP | -0.15 | -0.01 | 0.13 | 66 | Oil & Gas | BMVP vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.15 | 0.00 | 0.14 | 54 | Leveraged Commodities | BMVP vs UCO | |
| United States Brent Oil Fund LP | -0.15 | -0.01 | 0.13 | 65 | Oil & Gas | BMVP vs BNO |
See all 2179 diversifiers for BMVP
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