Looking to diversify beyond BKFI? The ETFs below have historically moved differently from BKFI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BKFI
312 ETFs have low correlation with BKFI (below 0.3), 81 of which are negatively correlated. The least correlated is KFA Mount Lucas Index Strategy ETF (KMLM) (Systematic Trend) with a 1Y correlation of -0.51, roughly unchanged from -0.51 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| KFA Mount Lucas Index Strategy ETF | -0.51 | -0.51 | -0.51 | 61 | Systematic Trend | BKFI vs KMLM | |
| MicroSectors Energy 3X Leveraged ETN | -0.46 | -0.46 | -0.46 | 55 | Leveraged Equities | BKFI vs WTIU | |
| Texas Capital Texas Oil Index ETF | -0.46 | -0.46 | -0.46 | 50 | Energy Equities | BKFI vs OILT | |
| YieldMax XOM Option Income Strategy ETF | -0.45 | -0.45 | -0.45 | 51 | Derivative Income, Dividend | BKFI vs XOMO | |
| SPDR S&P Oil & Gas Exploration & Production ETF | -0.44 | -0.44 | -0.44 | 58 | Energy Equities | BKFI vs XOP |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BKFI
Add BKFI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BKFI