17 Stocks and 83 ETFs for diversifying BITS (GLOBAL X BLOCKCHAIN & BITCOIN STRATEGY ETF)
The least correlated asset to BITS (GLOBAL X BLOCKCHAIN & BITCOIN STRATEGY ETF) is company Emeren Group Ltd American Depositary Shares, each representing 10 shares (SOL). The correlation is -0.8914.
Stocks that lowly correlated with BITS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.89 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.75 |
| AMRZ | Amrize Ltd | $29B | Basic Materials | Building Materials | -0.62 |
| JBS | JBS N.V. - Class A | $14B | Consumer Defensive | Packaged Foods | -0.62 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.57 |
| JCICU | Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War) | $432M | N/A | N/A | -0.52 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.51 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.49 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.47 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.46 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.45 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.43 |
| BRLI | Brilliant Acquisition Corp | $5.92M | N/A | N/A | -0.42 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.42 |
| HG | Hamilton Insurance Group Ltd - Class B | $3.03B | Financial Services | Insurance - Reinsurance | -0.41 |
| CAPS | Capstone Holding Corp | $3.02M | Basic Materials | Building Materials | -0.39 |
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.39 |