Looking to diversify beyond BSR? The ETFs below have the lowest correlation with BSR — 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 BSR.
Best Diversifiers for BSR
283 ETFs have low correlation with BSR (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.32 | -0.31 | 57 | Cryptocurrency | BSR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BSR vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 68 | Inverse Equities, Leveraged Equities | BSR vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 60 | Inverse Equities | BSR vs SMST | |
| Invesco DB US Dollar Index Bullish Fund | -0.33 | -0.31 | — | 51 | Currency | BSR vs UUP |
See all 2050 diversifiers for BSR
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