Looking to diversify beyond BRHY? The ETFs below have the lowest correlation with BRHY — 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 BRHY.
Best Diversifiers for BRHY
176 ETFs have low correlation with BRHY (below 0.3), 34 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.32, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | -0.38 | -0.38 | 51 | Derivative Income | BRHY vs WNTR | |
| ProShares UltraShort Yen | -0.32 | — | — | 73 | Leveraged Currency | BRHY vs YCS | |
| United States Gasoline Fund LP | -0.29 | — | — | 60 | Oil & Gas | BRHY vs UGA | |
| VanEck Commodity Strategy ETF | -0.17 | — | — | 59 | Commodities | BRHY vs PIT | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | BRHY vs RBIL |
See all 1945 diversifiers for BRHY
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