Looking to diversify beyond BITX? The ETFs below have the lowest correlation with BITX — 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 BITX.
Best Diversifiers for BITX
620 ETFs have low correlation with BITX (below 0.3), 52 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.10 | -0.08 | -0.08 | 98 | Inflation-Protected Bonds | BITX vs RBIL | |
| Amplify Samsung SOFR ETF | -0.10 | -0.05 | -0.05 | 97 | Multisector Bonds | BITX vs SOFR | |
| Obra Opportunistic Structured Products ETF | -0.10 | -0.08 | -0.08 | 68 | Multisector Bonds | BITX vs OOSP | |
| Roundhill Weekly T-Bill ETF | -0.10 | -0.09 | -0.09 | 99 | Ultrashort Bond | BITX vs WEEK | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | 0.08 | 0.08 | 100 | Ultrashort Bond | BITX vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BITX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BITX and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.13, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.13 | -0.06 | -0.06 | 59 | Communication Services | |
| Duke Energy Corporation | -0.12 | -0.04 | -0.04 | 53 | Utilities | |
| CVS Health Corporation | -0.11 | 0.02 | 0.02 | 80 | Healthcare | |
| Altria Group, Inc. | -0.11 | — | — | 69 | Consumer Defensive | |
| Johnson & Johnson | -0.11 | -0.02 | -0.02 | 92 | Healthcare |
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