Looking to diversify beyond BFIX? The ETFs below have the lowest correlation with BFIX — 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 BFIX.
Best Diversifiers for BFIX
664 ETFs have low correlation with BFIX (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, roughly unchanged from -0.25 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.25 | — | 61 | Leveraged Currency | BFIX vs YCS | |
| SGI Enhanced Core ETF | -0.18 | — | — | 94 | Intermediate Core Bond | BFIX vs USDX | |
| Invesco DB Energy Fund | -0.17 | -0.08 | -0.03 | 71 | Oil & Gas | BFIX vs DBE | |
| United States Gasoline Fund LP | -0.15 | -0.07 | -0.03 | 69 | Oil & Gas | BFIX vs UGA | |
| Invesco DB Oil Fund | -0.15 | -0.07 | -0.02 | 65 | Oil & Gas | BFIX vs DBO |
See all 2116 diversifiers for BFIX
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Diversification Analysis
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