Looking to diversify beyond BBB? The ETFs below have the lowest correlation with BBB — 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 BBB.
Best Diversifiers for BBB
413 ETFs have low correlation with BBB (below 0.3), 54 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.86, roughly unchanged from -0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.86 | -0.82 | -0.82 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BBB vs SBIT | |
| ProShares Short Bitcoin ETF | -0.86 | -0.83 | -0.83 | 57 | Cryptocurrency | BBB vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.77 | -0.70 | -0.70 | 60 | Inverse Equities | BBB vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.77 | -0.69 | -0.69 | 68 | Inverse Equities, Leveraged Equities | BBB vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.74 | -0.72 | -0.72 | 70 | Derivative Income | BBB vs WNTR |
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