Looking to diversify beyond BFAP? The ETFs below have historically moved differently from BFAP, 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 BFAP
797 ETFs have low correlation with BFAP (below 0.3), 37 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.97 | — | — | 51 | Cryptocurrency | BFAP vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.79 | — | — | 69 | Derivative Income | BFAP vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | — | — | 58 | Inverse Equities | BFAP vs NFXS | |
| Brookmont Catastrophic Bond ETF | -0.12 | — | — | 97 | Nontraditional Bonds | BFAP vs ILS | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.08 | -0.08 | 100 | Government Bonds, Ultrashort Bond | BFAP vs USFR |
To view more results, upgrade your current subscription plan.
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