Looking to balance out your exposure to BTCS? The ETFs below have the lowest correlation with BTCS — they tend to move on their own, which can help reduce risk when BTCS drops. The stock ideas table highlights individual companies that behave independently from BTCS.
Best Diversifiers for BTCS
0 ETFs have low correlation with BTCS (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares UltraPro QQQ (TQQQ) (Leveraged Equities) with a 1Y correlation of 0.50, up from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | 0.50 | 0.40 | 0.39 | 51 | Leveraged Equities | BTCS vs TQQQ | |
| State Street SPDR S&P 500 ETF | 0.50 | 0.41 | 0.39 | 60 | S&P 500 | BTCS vs SPY | |
| Invesco QQQ ETF | 0.50 | 0.41 | 0.39 | 59 | Nasdaq-100 | BTCS vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BTCS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BTCS and solid risk/return profiles. The least correlated is Hut 8 Corp. (HUT) (Financial Services) with a 1Y correlation of 0.47, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Hut 8 Corp. | 0.47 | 0.49 | 0.48 | 97 | Financial Services | |
| Riot Platforms, Inc. | 0.52 | 0.54 | 0.52 | 85 | Technology |
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