Looking to diversify beyond BSEP? The ETFs below have the lowest correlation with BSEP — 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 BSEP.
Best Diversifiers for BSEP
351 ETFs have low correlation with BSEP (below 0.3), 53 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.48, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | -0.46 | -0.46 | 53 | Inverse Equities | BSEP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | -0.46 | -0.46 | 60 | Inverse Equities, Leveraged Equities | BSEP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 65 | Derivative Income | BSEP vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.25 | — | — | 51 | Multistrategy | BSEP vs RSBY | |
| United States Gasoline Fund LP | -0.21 | -0.04 | 0.07 | 72 | Oil & Gas | BSEP vs UGA |
See all 2059 diversifiers for BSEP
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