Looking to diversify beyond BSJQ? The ETFs below have the lowest correlation with BSJQ — 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 BSJQ.
Best Diversifiers for BSJQ
379 ETFs have low correlation with BSJQ (below 0.3), 51 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 -0.33, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | -0.34 | -0.34 | 68 | Inverse Equities, Leveraged Equities | BSJQ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | -0.34 | -0.34 | 60 | Inverse Equities | BSJQ vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | -0.35 | -0.35 | 70 | Derivative Income | BSJQ vs WNTR | |
| ProShares Short Bitcoin ETF | -0.31 | -0.28 | -0.30 | 57 | Cryptocurrency | BSJQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.31 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BSJQ vs SBIT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BSJQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BSJQ and solid risk/return profiles. The least correlated is Agree Realty Corporation (ADC) (Real Estate) with a 1Y correlation of 0.09, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Agree Realty Corporation | 0.09 | 0.23 | 0.28 | 70 | Real Estate | |
| Oxford Lane Capital Corp. | 0.13 | 0.11 | 0.14 | 96 | Financial Services | |
| Berkshire Hathaway Inc. | 0.13 | 0.30 | 0.41 | 53 | Financial Services | |
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | 0.16 | 0.03 | 0.09 | 88 | Financial Services | |
| Amazon.com, Inc | 0.39 | 0.39 | 0.48 | 54 | Consumer Cyclical |
Build a portfolio that complements BSJQ
Add BSJQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BSJQ