Looking to diversify beyond BNKD? The ETFs below have the lowest correlation with BNKD — 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 BNKD.
Best Diversifiers for BNKD
2064 ETFs have low correlation with BNKD (below 0.3), 1999 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MicroSectors U.S. Big Banks Index 3X Leveraged ETN... | -0.99 | — | — | 53 | Leveraged Equities | BNKD vs BNKU | |
| Invesco KBW Bank ETF | -0.96 | — | — | 60 | Financials Equities | BNKD vs KBWB | |
| Themes Global Systemically Important Banks ETF | -0.78 | — | — | 79 | Financials Equities | BNKD vs GSIB | |
| Hartford US Value ETF | -0.76 | — | — | 88 | Large Cap Value Equities | BNKD vs VMAX | |
| First Trust Dorsey Wright Momentum & Value ETF | -0.76 | -0.80 | -0.80 | 75 | Momentum, Mid Cap Value Equities | BNKD vs DVLU |
See all 2064 diversifiers for BNKD
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