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
2 ETFs have low correlation with BXF.TO (below 0.3), 0 of which are negatively correlated. The least correlated is CI Canadian Banks Covered Call Income Class ETF (CIC.TO) (Financials Equities) with a 1Y correlation of 0.24, up from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Canadian Banks Covered Call Income Class ETF | 0.24 | 0.15 | 0.08 | 97 | Financials Equities | BXF.TO vs CIC.TO | |
| CI Morningstar International Value Index ETF (Unhe... | 0.25 | 0.13 | 0.13 | 72 | Foreign Small & Mid Cap Equities | BXF.TO vs VXM-B.TO |
Diversification Analysis
Build a portfolio that complements BXF.TO
Add BXF.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BXF.TO