Looking to diversify beyond LBO? The ETFs below have the lowest correlation with LBO — 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 LBO.
Best Diversifiers for LBO
532 ETFs have low correlation with LBO (below 0.3), 63 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 | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | LBO vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 60 | Inverse Equities | LBO vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | LBO vs WNTR | |
| ProShares Short Bitcoin ETF | -0.40 | -0.37 | -0.37 | 57 | Cryptocurrency | LBO vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | -0.38 | -0.38 | 52 | Cryptocurrency, Leveraged Cryptocurrency | LBO vs SBIT |
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