Looking to diversify beyond BTGD? The ETFs below have historically moved differently from BTGD, 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 BTGD
609 ETFs have low correlation with BTGD (below 0.3), 43 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.89 | — | — | 61 | Cryptocurrency | BTGD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.89 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | BTGD vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.75 | — | — | 61 | Inverse Equities, Leveraged Equities | BTGD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.75 | — | — | 52 | Inverse Equities | BTGD vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.71 | — | — | 75 | Derivative Income | BTGD vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BTGD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.11, roughly unchanged from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.11 | -0.02 | -0.02 | 61 | Financial Services | |
| BWX Technologies, Inc. | 0.43 | — | — | 53 | Industrials | |
| Reaves Utility Income Trust | 0.45 | 0.36 | 0.36 | 55 | Financial Services | |
| Strategy Inc Variable Rate Series A Perpetual Stre... | 0.46 | 0.46 | 0.46 | 57 | Technology | |
| Sprott Physical Gold Trust | 0.65 | — | — | 64 | Financial Services |
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