Looking to diversify beyond GBTC? The ETFs below have the lowest correlation with GBTC — 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 GBTC.
Best Diversifiers for GBTC
340 ETFs have low correlation with GBTC (below 0.3), 26 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.85 | — | — | 61 | Inverse Equities, Leveraged Equities | GBTC vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.80 | — | — | 69 | Derivative Income | GBTC vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.22 | -0.10 | — | 53 | Options Trading | GBTC vs CAOS | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | GBTC vs USFR | |
| Brookmont Catastrophic Bond ETF | -0.09 | — | — | 97 | Nontraditional Bonds | GBTC vs ILS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GBTC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GBTC and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.17, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.17 | -0.03 | 0.07 | 51 | Industrials | |
| Berkshire Hathaway Inc. | -0.14 | 0.07 | 0.17 | 52 | Financial Services | |
| Altria Group, Inc. | -0.14 | 0.01 | 0.04 | 77 | Consumer Defensive | |
| Verizon Communications Inc. | -0.13 | -0.05 | 0.02 | 59 | Communication Services | |
| Duke Energy Corporation | -0.12 | -0.06 | -0.01 | 63 | Utilities |
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