Looking to diversify beyond BKCH? The ETFs below have historically moved differently from BKCH, 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 BKCH
684 ETFs have low correlation with BKCH (below 0.3), 97 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.66, roughly unchanged from -0.68 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.66 | -0.68 | — | 61 | Cryptocurrency | BKCH vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.66 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BKCH vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.64 | — | — | 61 | Inverse Equities, Leveraged Equities | BKCH vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.64 | — | — | 52 | Inverse Equities | BKCH vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.62 | — | — | 75 | Derivative Income | BKCH vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BKCH, 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 -0.16, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.16 | 0.11 | 0.21 | 61 | Financial Services | |
| Philip Morris International Inc. | -0.06 | 0.03 | 0.06 | 66 | Consumer Defensive | |
| TKO Group Holdings Inc. | 0.06 | — | — | 54 | Communication Services | |
| Apple Inc | 0.15 | 0.21 | 0.33 | 89 | Technology | |
| Alphabet Inc. Class A | 0.26 | 0.32 | 0.41 | 95 | Communication Services |
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