Looking to diversify beyond BSJQ? The ETFs below have historically moved differently from BSJQ, 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 BSJQ
400 ETFs have low correlation with BSJQ (below 0.3), 74 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 61 | Inverse Equities, Leveraged Equities | BSJQ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 52 | Inverse Equities | BSJQ vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | — | — | 75 | Derivative Income | BSJQ vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.31 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BSJQ vs SBIT | |
| ProShares Short Bitcoin ETF | -0.31 | -0.29 | — | 61 | Cryptocurrency | BSJQ vs BITI |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BSJQ, 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 Agree Realty Corporation (ADC) (Real Estate) with a 1Y correlation of 0.05, down from 0.28 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Agree Realty Corporation | 0.05 | 0.22 | 0.28 | 68 | Real Estate | |
| Oxford Lane Capital Corp. | 0.11 | 0.12 | 0.14 | 97 | Financial Services | |
| Berkshire Hathaway Inc. | 0.12 | 0.29 | 0.41 | 61 | Financial Services | |
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | 0.15 | 0.04 | 0.08 | 86 | Financial Services | |
| Amazon.com, Inc | 0.39 | 0.39 | 0.47 | 60 | Consumer Cyclical |
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