Looking to diversify beyond BLCN? The ETFs below have the lowest correlation with BLCN — 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 BLCN.
Best Diversifiers for BLCN
624 ETFs have low correlation with BLCN (below 0.3), 51 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.42, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | -0.46 | -0.46 | 53 | Inverse Equities | BLCN vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.46 | -0.46 | 60 | Inverse Equities, Leveraged Equities | BLCN vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 65 | Derivative Income | BLCN vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.22 | — | — | 51 | Multistrategy | BLCN vs RSBY | |
| Touchstone Ultra Short Income ETF | -0.10 | -0.03 | — | 98 | Ultrashort Bond | BLCN vs TUSI |
See all 2064 diversifiers for BLCN
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