Looking to diversify beyond BSR? The ETFs below have historically moved differently from BSR, 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 BSR
299 ETFs have low correlation with BSR (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.39, roughly unchanged from -0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.39 | -0.33 | — | 61 | Cryptocurrency | BSR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BSR vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 52 | Inverse Equities | BSR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 61 | Inverse Equities, Leveraged Equities | BSR vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.33 | -0.33 | -0.33 | 75 | Derivative Income | BSR vs WNTR |
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