Looking to diversify beyond BMVP? The ETFs below have historically moved differently from BMVP, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BMVP
715 ETFs have low correlation with BMVP (below 0.3), 42 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.18 | — | — | 58 | Derivative Income | BMVP vs WNTR | |
| Invesco DB Energy Fund | -0.17 | -0.05 | 0.11 | 54 | Oil & Gas | BMVP vs DBE | |
| United States Gasoline Fund, LP | -0.17 | -0.03 | 0.10 | 72 | Oil & Gas | BMVP vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.13 | 0.01 | 0.15 | 51 | Commodities | BMVP vs GSG | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.12 | -0.12 | -0.12 | 97 | Inflation-Protected Bonds | BMVP vs RBIL |
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