Looking to diversify beyond BFAP? The ETFs below have the lowest correlation with BFAP — 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 BFAP.
Best Diversifiers for BFAP
702 ETFs have low correlation with BFAP (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.97 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | BFAP vs SBIT | |
| ProShares Short Bitcoin ETF | -0.97 | — | — | 57 | Cryptocurrency | BFAP vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.82 | — | — | 68 | Inverse Equities, Leveraged Equities | BFAP vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.82 | — | — | 60 | Inverse Equities | BFAP vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.78 | — | — | 70 | Derivative Income | BFAP vs WNTR |
See all 2050 diversifiers for BFAP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BFAP
Add BFAP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BFAP