Looking to diversify beyond BKFI? The ETFs below have the lowest correlation with BKFI — 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 BKFI.
Best Diversifiers for BKFI
247 ETFs have low correlation with BKFI (below 0.3), 65 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.46, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.46 | -0.46 | -0.46 | 51 | Commodities | BKFI vs PDBC | |
| United States Commodity Index Fund | -0.41 | -0.41 | -0.41 | 65 | Commodities | BKFI vs USCI | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.39 | -0.39 | -0.39 | 65 | Commodities | BKFI vs SDCI | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.39 | -0.39 | -0.39 | 52 | Commodities | BKFI vs COMB | |
| iPath Bloomberg Commodity Index Total Return ETN | -0.38 | -0.38 | -0.38 | 53 | Commodities | BKFI vs DJP |
See all 2031 diversifiers for BKFI
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