Looking to diversify beyond XBTY? The ETFs below have the lowest correlation with XBTY — 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 XBTY.
Best Diversifiers for XBTY
585 ETFs have low correlation with XBTY (below 0.3), 49 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.90, roughly unchanged from -0.90 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.90 | -0.90 | -0.90 | 57 | Cryptocurrency | XBTY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.90 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | XBTY vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.76 | — | — | 68 | Inverse Equities, Leveraged Equities | XBTY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.71 | — | — | 70 | Derivative Income | XBTY vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.16 | — | — | 51 | Currency | XBTY vs UUP |
See all 1557 diversifiers for XBTY
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