Looking to balance out your exposure to BIAF? The ETFs below have the lowest correlation with BIAF — they tend to move on their own, which can help reduce risk when BIAF drops. The stock ideas table highlights individual companies that behave independently from BIAF.
Best Diversifiers for BIAF
1 ETFs have low correlation with BIAF (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.29, up from 0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.29 | 0.16 | — | 62 | Nasdaq-100 | BIAF vs QQQ |
Diversification Analysis
Build a portfolio that complements BIAF
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