Looking to diversify beyond BTCO? The ETFs below have the lowest correlation with BTCO — 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 BTCO.
Best Diversifiers for BTCO
608 ETFs have low correlation with BTCO (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.84 | — | — | 60 | Inverse Equities, Leveraged Equities | BTCO vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.84 | -0.78 | -0.78 | 53 | Inverse Equities | BTCO vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.80 | — | — | 65 | Derivative Income | BTCO vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | — | — | 60 | Inverse Equities | BTCO vs NFXS | |
| Return Stacked Bonds & Futures Yield ETF | -0.13 | — | — | 51 | Multistrategy | BTCO vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BTCO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BTCO and solid risk/return profiles. The least correlated is Airbnb, Inc. (ABNB) (Consumer Cyclical) with a 1Y correlation of 0.20, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Airbnb, Inc. | 0.20 | 0.25 | 0.25 | 52 | Consumer Cyclical | |
| Alphabet Inc. Class A | 0.23 | 0.25 | 0.25 | 96 | Communication Services | |
| CrowdStrike Holdings, Inc. | 0.31 | 0.29 | 0.29 | 75 | Technology | |
| Amazon.com, Inc | 0.31 | 0.26 | 0.26 | 55 | Consumer Cyclical |
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