Looking to balance out your exposure to BLSH? The ETFs below have the lowest correlation with BLSH — they tend to move on their own, which can help reduce risk when BLSH drops. The stock ideas table highlights individual companies that behave independently from BLSH.
Best Diversifiers for BLSH
0 ETFs have low correlation with BLSH (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.44, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.44 | 0.44 | 0.44 | 59 | Nasdaq-100 | BLSH vs QQQ |
Build a portfolio that complements BLSH
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