Looking to diversify beyond BNKD? The ETFs below have historically moved differently from BNKD, 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 BNKD
2167 ETFs have low correlation with BNKD (below 0.3), 2088 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MicroSectors U.S. Big Banks Index 3X Leveraged ETN... | -0.99 | — | — | 58 | Leveraged Equities | BNKD vs BNKU | |
| Invesco KBW Bank ETF | -0.96 | — | — | 65 | Financials Equities | BNKD vs KBWB | |
| First Trust Nasdaq Bank ETF | -0.87 | -0.89 | -0.89 | 53 | Financials Equities | BNKD vs FTXO | |
| iShares Global Financials ETF | -0.82 | — | — | 61 | Financials Equities | BNKD vs IXG | |
| Davis Select Financial ETF | -0.81 | -0.84 | -0.84 | 54 | Financials Equities | BNKD vs DFNL |
See all 2167 diversifiers for BNKD
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