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
640 ETFs have low correlation with BMVP (below 0.3), 25 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.20, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.20 | -0.22 | -0.22 | 62 | Inverse Equities, Leveraged Equities | BMVP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.19 | -0.24 | -0.24 | 63 | Derivative Income | BMVP vs WNTR | |
| ProShares UltraShort Yen | -0.14 | -0.08 | -0.03 | 73 | Leveraged Currency | BMVP vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | — | — | 97 | Inflation-Protected Bonds | BMVP vs RBIL | |
| United States Gasoline Fund LP | -0.13 | -0.00 | 0.12 | 69 | Oil & Gas | BMVP vs UGA |
See all 2055 diversifiers for BMVP
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