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
581 ETFs have low correlation with IBIT (below 0.3), 33 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.82 | — | — | 51 | Derivative Income | IBIT vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.13 | — | — | 63 | Inverse Equities | IBIT vs NFXS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.11 | — | — | 97 | Inflation-Protected Bonds | IBIT vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | IBIT vs CSHP | |
| WisdomTree Floating Rate Treasury Fund | -0.09 | — | — | 100 | Government Bonds, Ultrashort Bond | IBIT vs USFR |
To view more results, upgrade your current subscription plan.
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 | -0.19 | — | — | 70 | Financial Services | |
| Duke Energy Corporation | -0.14 | -0.06 | -0.06 | 64 | Utilities | |
| Altria Group, Inc. | -0.14 | -0.02 | -0.02 | 74 | Consumer Defensive | |
| Verizon Communications Inc. | -0.12 | -0.08 | -0.08 | 62 | Communication Services | |
| Johnson & Johnson | -0.12 | -0.06 | -0.06 | 96 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IBIT
Add IBIT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IBIT