Skip to main content

Want a detailed portfolio tracker?

23 Stocks and 77 ETFs for diversifying Bank Of New York Mellon (BK)

The least correlated asset to Bank Of New York Mellon (BK) is ETF BNKD (Bank of Montreal). The correlation is -0.8032.

Stocks that lowly correlated with BK

SymbolName
Market cap
SectorIndustry
Correlation
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.79
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.68
OFSSOOFS Capital Corp$341MN/AN/A-0.63
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.61
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.53
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.49
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.47
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.47
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.46
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.45
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.43
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.43
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.43
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.42
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.41
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.41
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.40
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.40
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.40
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.39
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.39
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.39
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.37

ETFs that lowly correlated with BK

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.80
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.80
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.76
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.76
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.75
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.73
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.70
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.70
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.69
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.69
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.68
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.68
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.68
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.68
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.66
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.66
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.70MN/AMay 15, 2024-0.66
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.66
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.65
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.64
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.63
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.63
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.63
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.63
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.62
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.62
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.62
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.61
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.61
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.61
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.61
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.60
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.60
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.59
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.57
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.56
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.56
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.55
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.54
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.53
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.50
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.50
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.49
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.48
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.48
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.48
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $131MN/AMay 28, 2015-0.48
SRTYProShares UltraPro Short Russell2000 -3x Shares$73MN/AFeb 9, 2010-0.46
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.46
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.46
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.45
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.45
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.45
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.44
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.42
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.41
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.41
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.40
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.40
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.39
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.39
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.39
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.39
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.38
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.38
OILDBank of Montreal$53MN/ANov 8, 2021-0.37
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.37