Looking to diversify beyond BCFN? The ETFs below have the lowest correlation with BCFN — 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 BCFN.
Best Diversifiers for BCFN
795 ETFs have low correlation with BCFN (below 0.3), 62 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.35, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | -0.35 | -0.35 | 60 | Inverse Equities, Leveraged Equities | BCFN vs MSTZ | |
| Direxion Daily NFLX Bear 1X Shares | -0.27 | -0.27 | -0.27 | 60 | Inverse Equities | BCFN vs NFXS | |
| First Trust Alternative Absolute Return Strategy E... | -0.14 | -0.14 | -0.14 | 67 | Commodities | BCFN vs FAAR | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.14 | -0.14 | -0.14 | 51 | Commodities | BCFN vs PDBC | |
| ProShares UltraShort Yen | -0.14 | -0.14 | -0.14 | 75 | Leveraged Currency | BCFN vs YCS |
See all 2040 diversifiers for BCFN
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