Looking to diversify beyond BWTG? The ETFs below have historically moved differently from BWTG, 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 BWTG
326 ETFs have low correlation with BWTG (below 0.3), 100 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 | -0.38 | — | — | 61 | Cryptocurrency | BWTG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | -0.34 | -0.34 | 55 | Cryptocurrency, Leveraged Cryptocurrency | BWTG vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | — | — | 52 | Inverse Equities | BWTG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 61 | Inverse Equities, Leveraged Equities | BWTG vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | — | — | 75 | Derivative Income | BWTG vs WNTR |
See all 2240 diversifiers for BWTG
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