Looking to diversify beyond BDIV? The ETFs below have the lowest correlation with BDIV — 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 BDIV.
Best Diversifiers for BDIV
281 ETFs have low correlation with BDIV (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.37 | -0.37 | 57 | Cryptocurrency | BDIV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | -0.37 | -0.37 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BDIV vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | — | — | 60 | Inverse Equities | BDIV vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 68 | Inverse Equities, Leveraged Equities | BDIV vs MSTZ | |
| Invesco DB Energy Fund | -0.27 | -0.14 | -0.14 | 53 | Oil & Gas | BDIV vs DBE |
See all 1837 diversifiers for BDIV
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