Looking to balance out your exposure to BFK? The ETFs below have the lowest correlation with BFK — they tend to move on their own, which can help reduce risk when BFK drops. The stock ideas table highlights individual companies that behave independently from BFK.
No Diversifiers Found for BFK
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BFK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BFK and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of 0.03, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.03 | 0.14 | 0.13 | 71 | Energy | |
| Nuveen AMT-Free Municipal Credit Income Fund | 0.35 | 0.58 | 0.61 | 75 | Financial Services |
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