Looking to diversify beyond BETE? The ETFs below have the lowest correlation with BETE — 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 BETE.
Best Diversifiers for BETE
580 ETFs have low correlation with BETE (below 0.3), 31 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.82, roughly unchanged from -0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.82 | -0.75 | -0.75 | 60 | Inverse Equities, Leveraged Equities | BETE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.81 | — | — | 53 | Inverse Equities | BETE vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.77 | — | — | 65 | Derivative Income | BETE vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | — | — | 60 | Inverse Equities | BETE vs NFXS | |
| Return Stacked Bonds & Futures Yield ETF | -0.12 | — | — | 51 | Multistrategy | BETE vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BETE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BETE and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.22 | — | — | 90 | Technology |
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