Looking to diversify beyond HBTA? The ETFs below have the lowest correlation with HBTA — 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 HBTA.
Best Diversifiers for HBTA
412 ETFs have low correlation with HBTA (below 0.3), 81 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 60 | Inverse Equities | HBTA vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 68 | Inverse Equities, Leveraged Equities | HBTA vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.46 | -0.47 | -0.47 | 57 | Cryptocurrency | HBTA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.48 | -0.48 | 52 | Cryptocurrency, Leveraged Cryptocurrency | HBTA vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 70 | Derivative Income | HBTA vs WNTR |
See all 2043 diversifiers for HBTA
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