Looking to diversify beyond BSTP? The ETFs below have historically moved differently from BSTP, 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 BSTP
419 ETFs have low correlation with BSTP (below 0.3), 82 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | — | — | 52 | Inverse Equities | BSTP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | — | — | 61 | Inverse Equities, Leveraged Equities | BSTP vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.47 | -0.36 | — | 61 | Cryptocurrency | BSTP vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.47 | — | — | 75 | Derivative Income | BSTP vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BSTP vs SBIT |
See all 2238 diversifiers for BSTP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BSTP
Add BSTP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BSTP