Looking to balance out your exposure to BZFDW? The ETFs below have the lowest correlation with BZFDW — they tend to move on their own, which can help reduce risk when BZFDW drops. The stock ideas table highlights individual companies that behave independently from BZFDW.
Best Diversifiers for BZFDW
1 ETFs have low correlation with BZFDW (below 0.3), 1 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of -0.17, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | -0.17 | 0.05 | 0.05 | 80 | Dividend | BZFDW vs SCHD |
Diversification Analysis
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