Looking to diversify beyond BCFN? The ETFs below have historically moved differently from BCFN, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BCFN
870 ETFs have low correlation with BCFN (below 0.3), 90 of which are negatively correlated. The least correlated is YieldMax MSTR Short Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.34 | -0.34 | -0.34 | 75 | Derivative Income | BCFN vs WNTR | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.18 | -0.18 | -0.18 | 72 | Commodities | BCFN vs PDBC | |
| Harbor Long-Short Equity ETF | -0.18 | — | — | 70 | Long-Short | BCFN vs LSEQ | |
| Bastion Energy ETF | -0.17 | -0.17 | -0.17 | 88 | Energy Equities | BCFN vs BESF | |
| United States Commodity Index Fund | -0.16 | -0.16 | -0.16 | 84 | Commodities | BCFN vs USCI |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BCFN
Add BCFN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BCFN