Looking to diversify beyond BKDV? The ETFs below have the lowest correlation with BKDV — 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 BKDV.
Best Diversifiers for BKDV
349 ETFs have low correlation with BKDV (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | — | — | 57 | Cryptocurrency | BKDV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | BKDV vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 68 | Inverse Equities, Leveraged Equities | BKDV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | — | — | 60 | Inverse Equities | BKDV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.31 | — | — | 70 | Derivative Income | BKDV vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BKDV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BKDV and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amalgamated Financial Corp. | 0.52 | — | — | 80 | Financial Services |
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