Looking to diversify beyond BFJL? The ETFs below have the lowest correlation with BFJL — 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 BFJL.
Best Diversifiers for BFJL
8 ETFs have low correlation with BFJL (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.89 | — | — | 52 | Cryptocurrency | BFJL vs BITI | |
| First Trust Morningstar Dividend Leaders Index Fun... | 0.08 | — | — | 87 | Large Cap Value Equities, Dividend | BFJL vs FDL | |
| Innovator Equity Defined Protection ETF - 1 Yr May | 0.24 | — | — | 96 | Defined Outcome | BFJL vs ZMAY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 0.27 | — | — | 98 | S&P 500, Defined Outcome | BFJL vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 0.29 | — | — | 98 | Defined Outcome | BFJL vs MMAX |
See all 37 diversifiers for BFJL
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Diversification Analysis
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