Looking to balance out your exposure to BGI? The ETFs below have the lowest correlation with BGI — they tend to move on their own, which can help reduce risk when BGI drops. The stock ideas table highlights individual companies that behave independently from BGI.
Best Diversifiers for BGI
2 ETFs have low correlation with BGI (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of 0.11, roughly unchanged from 0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | 0.11 | 0.11 | — | 74 | Nasdaq-100, Derivative Income | BGI vs JEPQ | |
| State Street SPDR S&P 500 ETF | 0.16 | 0.13 | 0.12 | 70 | S&P 500 | BGI vs SPY |
Diversification Analysis
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