Looking to diversify beyond BLOX? The ETFs below have historically moved differently from BLOX, 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 BLOX
616 ETFs have low correlation with BLOX (below 0.3), 89 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.76 | — | — | 51 | Cryptocurrency | BLOX vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.68 | — | — | 69 | Derivative Income | BLOX vs WNTR | |
| iShares U.S. Insurance ETF | -0.18 | -0.16 | -0.16 | 54 | Financials Equities | BLOX vs IAK | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.14 | -0.12 | -0.12 | 51 | Nontraditional Bonds | BLOX vs RISR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | — | — | 97 | Inflation-Protected Bonds | BLOX vs RBIL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BLOX, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.25, roughly unchanged from -0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.25 | -0.25 | -0.25 | 87 | Consumer Defensive | |
| Johnson & Johnson | -0.22 | -0.20 | -0.20 | 96 | Healthcare | |
| Duke Energy Corporation | -0.22 | -0.21 | -0.21 | 52 | Utilities | |
| Altria Group, Inc. | -0.21 | -0.21 | -0.21 | 66 | Consumer Defensive | |
| Verizon Communications Inc. | -0.20 | -0.21 | -0.21 | 66 | Communication Services |
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