Looking to diversify beyond BATT? The ETFs below have the lowest correlation with BATT — 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 BATT.
Best Diversifiers for BATT
475 ETFs have low correlation with BATT (below 0.3), 60 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.38 | -0.38 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BATT vs SBIT | |
| ProShares Short Bitcoin ETF | -0.43 | -0.34 | -0.38 | 57 | Cryptocurrency | BATT vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.38 | -0.38 | 68 | Inverse Equities, Leveraged Equities | BATT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | -0.38 | -0.38 | 60 | Inverse Equities | BATT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 70 | Derivative Income | BATT vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BATT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BATT and solid risk/return profiles. The least correlated is Bank of America Corporation (BAC) (Financial Services) with a 1Y correlation of 0.20, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bank of America Corporation | 0.20 | 0.31 | 0.40 | 79 | Financial Services | |
| Intellia Therapeutics, Inc. | 0.33 | 0.39 | 0.45 | 53 | Healthcare |
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