Looking to diversify beyond BBLU? The ETFs below have the lowest correlation with BBLU — 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 BBLU.
Best Diversifiers for BBLU
402 ETFs have low correlation with BBLU (below 0.3), 52 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 63 | Inverse Equities | BBLU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 70 | Inverse Equities, Leveraged Equities | BBLU vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.41 | -0.31 | — | 52 | Cryptocurrency | BBLU vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 73 | Derivative Income | BBLU vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.27 | — | — | 57 | Inverse Equities | BBLU vs NFXS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BBLU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBLU and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.16, down from 0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.16 | 0.37 | — | 53 | Financial Services |
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