Looking to diversify beyond BUG? The ETFs below have the lowest correlation with BUG — 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 BUG.
Best Diversifiers for BUG
869 ETFs have low correlation with BUG (below 0.3), 65 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.33, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | -0.33 | -0.33 | 68 | Inverse Equities, Leveraged Equities | BUG vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | -0.34 | -0.34 | 60 | Inverse Equities | BUG vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 70 | Derivative Income | BUG vs WNTR | |
| ProShares Short Bitcoin ETF | -0.28 | -0.25 | -0.29 | 57 | Cryptocurrency | BUG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.28 | -0.28 | -0.28 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BUG vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BUG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BUG and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.26, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.26 | -0.11 | -0.03 | 66 | Utilities | |
| The Coca-Cola Company | -0.25 | -0.04 | 0.07 | 83 | Consumer Defensive | |
| Johnson & Johnson | -0.23 | -0.10 | -0.00 | 97 | Healthcare | |
| The Southern Company | -0.21 | -0.10 | -0.01 | 58 | Utilities | |
| Altria Group, Inc. | -0.21 | -0.06 | 0.00 | 81 | Consumer Defensive |
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