Looking to diversify beyond BDCZ? The ETFs below have the lowest correlation with BDCZ — 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 BDCZ.
Best Diversifiers for BDCZ
1216 ETFs have low correlation with BDCZ (below 0.3), 60 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | — | — | 65 | Derivative Income | BDCZ vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.28 | — | — | 60 | Inverse Equities, Leveraged Equities | BDCZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.27 | -0.30 | -0.30 | 53 | Inverse Equities | BDCZ vs SMST | |
| Direxion Daily NFLX Bear 1X Shares | -0.11 | — | — | 60 | Inverse Equities | BDCZ vs NFXS | |
| PGIM Ultra Short Municipal Bond ETF | -0.10 | — | — | 92 | Municipal Bonds | BDCZ vs PUSH |
See all 2061 diversifiers for BDCZ
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Diversification Analysis
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