Looking to diversify beyond BPAY? The ETFs below have the lowest correlation with BPAY — 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 BPAY.
Best Diversifiers for BPAY
374 ETFs have low correlation with BPAY (below 0.3), 45 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.18, down from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.18 | -0.08 | — | 61 | Leveraged Currency | BPAY vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.05 | — | 100 | Government Bonds, Ultrashort Bond | BPAY vs USFR | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 98 | Ultrashort Bond | BPAY vs BAMU | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | BPAY vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.16 | -0.00 | -0.00 | 99 | Ultrashort Bond | BPAY vs CSHP |
See all 2078 diversifiers for BPAY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BPAY
Add BPAY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BPAY