Looking to diversify beyond BSMY? The ETFs below have the lowest correlation with BSMY — 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 BSMY.
Best Diversifiers for BSMY
1654 ETFs have low correlation with BSMY (below 0.3), 97 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | — | — | 61 | Leveraged Currency | BSMY vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.20 | -0.20 | 69 | Oil & Gas | BSMY vs UGA | |
| Invesco DB Oil Fund | -0.30 | — | — | 65 | Oil & Gas | BSMY vs DBO | |
| ProShares Ultra Bloomberg Crude Oil | -0.30 | -0.19 | -0.19 | 54 | Leveraged Commodities | BSMY vs UCO | |
| Invesco DB Energy Fund | -0.30 | — | — | 71 | Oil & Gas | BSMY vs DBE |
See all 2114 diversifiers for BSMY
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Diversification Analysis
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