Looking to diversify beyond BLCR? The ETFs below have the lowest correlation with BLCR — 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 BLCR.
Best Diversifiers for BLCR
415 ETFs have low correlation with BLCR (below 0.3), 80 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.36 | -0.36 | 57 | Cryptocurrency | BLCR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BLCR vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | — | — | 60 | Inverse Equities | BLCR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 68 | Inverse Equities, Leveraged Equities | BLCR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | BLCR vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BLCR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BLCR and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ball Corporation | 0.11 | — | — | 51 | Consumer Cyclical | |
| JPMorgan Chase & Co. | 0.35 | 0.42 | 0.42 | 69 | Financial Services |
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