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
1447 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 | -0.32 | — | — | 73 | Leveraged Currency | BSMY vs YCS | |
| Invesco DB Energy Fund | -0.31 | — | — | 57 | Oil & Gas | BSMY vs DBE | |
| Pacer American Energy Independence ETF | -0.29 | — | — | 50 | Energy Equities | BSMY vs USAI | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.28 | — | — | 52 | Commodities | BSMY vs COMT | |
| Alerian Energy Infrastructure ETF | -0.28 | — | — | 79 | Energy Equities | BSMY vs ENFR |
See all 2071 diversifiers for BSMY
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Diversification Analysis
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