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
315 ETFs have low correlation with GBTC (below 0.3), 18 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.83, roughly unchanged from -0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.83 | -0.82 | -0.82 | 51 | Derivative Income | GBTC vs WNTR | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | 0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | GBTC vs USFR | |
| Brookmont Catastrophic Bond ETF | -0.08 | — | — | 74 | Nontraditional Bonds | GBTC vs ILS | |
| F/m US Treasury 3 Month Bill ETF | -0.08 | -0.01 | — | 100 | Ultrashort Bond | GBTC vs TBIL | |
| Obra Opportunistic Structured Products ETF | -0.07 | — | — | 77 | Multisector Bonds | GBTC vs OOSP |
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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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.17 | -0.00 | 0.02 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.14 | -0.05 | -0.01 | 64 | Utilities | |
| The Coca-Cola Company | -0.13 | -0.03 | 0.06 | 74 | Consumer Defensive | |
| CVS Health Corporation | -0.12 | 0.01 | 0.05 | 85 | Healthcare | |
| Verizon Communications Inc. | -0.12 | -0.05 | 0.01 | 62 | Communication Services |
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