Looking to diversify beyond BALT? The ETFs below have the lowest correlation with BALT — 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 BALT.
Best Diversifiers for BALT
466 ETFs have low correlation with BALT (below 0.3), 68 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.31 | -0.34 | 53 | Cryptocurrency | BALT vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 65 | Inverse Equities, Leveraged Equities | BALT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | — | — | 56 | Inverse Equities | BALT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 70 | Derivative Income | BALT vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.23 | — | — | 54 | Multistrategy | BALT vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BALT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BALT and solid risk/return profiles. The least correlated is Murphy USA Inc. (MUSA) (Consumer Cyclical) with a 1Y correlation of -0.11, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | -0.11 | 0.09 | 0.14 | 76 | Consumer Cyclical | |
| Baidu, Inc. | 0.21 | 0.28 | 0.32 | 62 | Communication Services | |
| Intel Corporation | 0.28 | 0.42 | 0.46 | 98 | Technology | |
| Meta Financial Group, Inc. | 0.30 | 0.33 | 0.40 | 54 | Financial Services | |
| Advanced Micro Devices, Inc. | 0.34 | 0.46 | 0.49 | 97 | Technology |
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Build a portfolio that complements BALT
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