Looking to diversify beyond BRNY? The ETFs below have the lowest correlation with BRNY — 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 BRNY.
Best Diversifiers for BRNY
377 ETFs have low correlation with BRNY (below 0.3), 56 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.42, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.40 | -0.40 | 60 | Inverse Equities, Leveraged Equities | BRNY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 53 | Inverse Equities | BRNY vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 65 | Derivative Income | BRNY vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.24 | -0.22 | -0.22 | 51 | Multistrategy | BRNY vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | BRNY vs IBIC |
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