Looking to diversify beyond BOUT? The ETFs below have the lowest correlation with BOUT — 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 BOUT.
Best Diversifiers for BOUT
415 ETFs have low correlation with BOUT (below 0.3), 55 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 53 | Inverse Equities | BOUT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 60 | Inverse Equities, Leveraged Equities | BOUT vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 65 | Derivative Income | BOUT vs WNTR | |
| Texas Capital Government Money Market ETF | -0.20 | — | — | 100 | Money Market | BOUT vs MMKT | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | BOUT vs RBIL |
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