Looking to diversify beyond BIDD? The ETFs below have the lowest correlation with BIDD — 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 BIDD.
Best Diversifiers for BIDD
268 ETFs have low correlation with BIDD (below 0.3), 64 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.51 | — | — | 51 | Currency | BIDD vs UUP | |
| ProShares Short Bitcoin ETF | -0.41 | -0.35 | -0.35 | 57 | Cryptocurrency | BIDD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BIDD vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 60 | Inverse Equities | BIDD vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 68 | Inverse Equities, Leveraged Equities | BIDD vs MSTZ |
See all 2050 diversifiers for BIDD
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