Looking to diversify beyond BETZ? The ETFs below have historically moved differently from BETZ, 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 BETZ
723 ETFs have low correlation with BETZ (below 0.3), 91 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.28 | — | — | 61 | Inverse Equities, Leveraged Equities | BETZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.28 | — | — | 52 | Inverse Equities | BETZ vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.26 | — | — | 75 | Derivative Income | BETZ vs WNTR | |
| ProShares Short Bitcoin ETF | -0.25 | -0.28 | — | 61 | Cryptocurrency | BETZ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.25 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BETZ vs SBIT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BETZ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.07, down from 0.37 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.07 | 0.27 | 0.37 | 61 | Financial Services | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.26 | 0.38 | 0.45 | 87 | Technology | |
| MGM Resorts International | 0.49 | 0.56 | 0.66 | 64 | Consumer Cyclical | |
| Super Group (SGHC) Limited | 0.55 | 0.54 | — | 67 | Consumer Cyclical |
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