Looking to diversify beyond BAUG? The ETFs below have the lowest correlation with BAUG — 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 BAUG.
Best Diversifiers for BAUG
366 ETFs have low correlation with BAUG (below 0.3), 69 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.47, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | -0.47 | -0.47 | 53 | Inverse Equities | BAUG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 68 | Inverse Equities, Leveraged Equities | BAUG vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.47 | -0.36 | -0.38 | 57 | Cryptocurrency | BAUG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.43 | -0.43 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BAUG vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 70 | Derivative Income | BAUG vs WNTR |
See all 2059 diversifiers for BAUG
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Diversification Analysis
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