Looking to balance out your exposure to BITF.TO? The ETFs below have the lowest correlation with BITF.TO — they tend to move on their own, which can help reduce risk when BITF.TO drops. The stock ideas table highlights individual companies that behave independently from BITF.TO.
No Diversifiers Found for BITF.TO
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 BITF.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BITF.TO and solid risk/return profiles. The least correlated is Kinross Gold Corporation (K.TO) (Basic Materials) with a 1Y correlation of 0.23, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kinross Gold Corporation | 0.23 | 0.15 | 0.17 | 80 | Basic Materials | |
| MDA Space Ltd. | 0.33 | 0.24 | 0.27 | 75 | Industrials | |
| Hut 8 Mining Corp. | 0.71 | 0.75 | 0.78 | 98 | Financial Services |
Build a portfolio that complements BITF.TO
Add BITF.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BITF.TO