Looking to diversify beyond BCTK? The ETFs below have the lowest correlation with BCTK — 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 BCTK.
Best Diversifiers for BCTK
435 ETFs have low correlation with BCTK (below 0.3), 105 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.44 | -0.44 | 57 | Cryptocurrency | BCTK vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BCTK vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | -0.44 | -0.44 | 60 | Inverse Equities | BCTK vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.43 | -0.43 | 68 | Inverse Equities, Leveraged Equities | BCTK vs MSTZ | |
| Westwood Salient Enhanced Midstream Income ETF | -0.31 | -0.31 | -0.31 | 72 | Energy Equities | BCTK vs MDST |
See all 2015 diversifiers for BCTK
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