Looking to balance out your exposure to BF-A? The ETFs below have the lowest correlation with BF-A — they tend to move on their own, which can help reduce risk when BF-A drops. The stock ideas table highlights individual companies that behave independently from BF-A.
Best Diversifiers for BF-A
2 ETFs have low correlation with BF-A (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of -0.04, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | -0.04 | 0.07 | 0.22 | 53 | Nasdaq-100 | BF-A vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.06 | 0.20 | 0.33 | 65 | S&P 500 | BF-A vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BF-A, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BF-A and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.10, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.10 | -0.08 | 0.07 | 63 | Technology |
Build a portfolio that complements BF-A
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