Looking to diversify beyond BTCW? The ETFs below have the lowest correlation with BTCW — 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 BTCW.
Best Diversifiers for BTCW
546 ETFs have low correlation with BTCW (below 0.3), 31 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.14, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.14 | -0.22 | -0.22 | 55 | Inverse Equities | BTCW vs NFXS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.11 | — | — | 97 | Inflation-Protected Bonds | BTCW vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | BTCW vs CSHP | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | — | — | 100 | Government Bonds, Ultrashort Bond | BTCW vs USFR | |
| United States Gasoline Fund LP | -0.08 | 0.01 | 0.01 | 55 | Oil & Gas | BTCW vs UGA |
See all 1951 diversifiers for BTCW
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