Looking to diversify beyond BXF.TO? The ETFs below have the lowest correlation with BXF.TO — 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 BXF.TO.
Best Diversifiers for BXF.TO
10 ETFs have low correlation with BXF.TO (below 0.3), 2 of which are negatively correlated. The least correlated is CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.TO) (Energy Equities) with a 1Y correlation of -0.28, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Energy Giants Covered Call ETF Common Units (CA... | -0.28 | -0.11 | -0.09 | 64 | Energy Equities, Derivative Income | BXF.TO vs NXF.TO | |
| CI Auspice Broad Commodity Fund ETF Hedged Units | -0.11 | -0.03 | — | 78 | Commodities | BXF.TO vs CCOM.TO | |
| CI Global Core Plus Equity ETF | 0.06 | 0.11 | 0.11 | 88 | Global Equities | BXF.TO vs ONEQ.TO | |
| CI Money Market ETF CAD Series | 0.08 | — | — | 99 | Money Market | BXF.TO vs CMNY.TO | |
| CI Equity Asset Allocation ETF | 0.16 | 0.08 | — | 92 | Diversified Portfolio | BXF.TO vs CEQT.TO |
See all 10 diversifiers for BXF.TO
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