Looking to diversify beyond IBIT? The ETFs below have the lowest correlation with IBIT — 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 IBIT.
Best Diversifiers for IBIT
632 ETFs have low correlation with IBIT (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -1.00 | — | — | 53 | Cryptocurrency | IBIT vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.85 | — | — | 65 | Inverse Equities, Leveraged Equities | IBIT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.84 | — | — | 56 | Inverse Equities | IBIT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.80 | — | — | 70 | Derivative Income | IBIT vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | — | — | 61 | Inverse Equities | IBIT vs NFXS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IBIT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IBIT and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Allstate Corporation | -0.17 | — | — | 81 | Financial Services | |
| McKesson Corporation | -0.14 | — | — | 58 | Healthcare | |
| Verizon Communications Inc. | -0.14 | -0.08 | -0.08 | 57 | Communication Services | |
| Altria Group, Inc. | -0.13 | — | — | 78 | Consumer Defensive | |
| Duke Energy Corporation | -0.12 | -0.08 | -0.08 | 65 | Utilities |
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Build a portfolio that complements IBIT
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