Looking to diversify beyond BDIV? The ETFs below have historically moved differently from BDIV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BDIV
298 ETFs have low correlation with BDIV (below 0.3), 60 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | — | — | 61 | Cryptocurrency | BDIV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BDIV vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 61 | Inverse Equities, Leveraged Equities | BDIV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 52 | Inverse Equities | BDIV vs SMST | |
| Invesco DB Energy Fund | -0.29 | — | — | 72 | Oil & Gas | BDIV vs DBE |
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