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68 Stocks and 32 ETFs for diversifying ICOI (BITWISE COIN OPTION INCOME STRATEGY ETF)

The least correlated asset to ICOI (BITWISE COIN OPTION INCOME STRATEGY ETF) is company U.S. Xpress Enterprises (USX). The correlation is -1.

Stocks that lowly correlated with ICOI

SymbolName
Market cap
SectorIndustry
Correlation
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
OPTNOptiNose Inc$112MN/AN/A-1.00
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.93
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.92
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.88
YMABY-Mabs Therapeutics Inc$390MHealthcareBiotechnology-0.84
PINEAlpine Income Property Trust Inc$335MReal EstateReit - Retail-0.81
GRCLGracell Biotechnologies Inc$990MHealthcareBiotechnology-0.80
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.80
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.80
RVNCRevance Therapeutics Inc$380MHealthcareBiotechnology-0.80
MCACRConnectM Technology Solutions Inc$2.93MN/AN/A-0.80
FRLAUFortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$36MFinancial ServicesShell Companies-0.80
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.80
RCMR1 RCM Inc$6.04BHealthcareHealth Information Services-0.80
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.80
DBGIWDigital Brands Group Inc - Warrants (01/05/2026)$40MN/AN/A-0.80
FRLAFortune Rise Acquisition Corp - Class A$35MFinancial ServicesShell Companies-0.80
ACHLAchilles Therapeutics Plc$63MHealthcareBiotechnology-0.80
DRRXDurect Corp$60MHealthcareDrug Manufacturers - Specialty & Generic-0.74
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.71
ANTEAirNet Technology Inc$89MN/AN/A-0.70
BOTJBank of James Financial Group Inc$119MFinancial ServicesBanks - Regional-0.68
COOPMr. Cooper Group Inc$14BFinancial ServicesMortgage Finance-0.67
ADNAdvent Technologies Holdings, Inc. Class A Common Stock$2.71MIndustrialsElectrical Equipment & Parts-0.66
PHLTPerformant Healthcare Inc$626MHealthcareHealth Information Services-0.65
GMEDGlobus Medical Inc - Class A$11BHealthcareMedical Devices-0.63
GRFXGraphex Group Ltd American Depositary Shares each American Depositary Share representing 20$20MBasic MaterialsOther Industrial Metals & Mining-0.63
NETDNabors Energy Transition Corp II - Class A$73MFinancial ServicesShell Companies-0.63
EIXEdison International$30BUtilitiesUtilities - Regulated Electric-0.62
TAPMolson Coors Beverage Company - Class B$7.89BConsumer DefensiveBeverages - Brewers-0.59
BCPCBalchem Corp$5.23BBasic MaterialsSpecialty Chemicals-0.59
KNFKnife River Corp$4.67BBasic MaterialsBuilding Materials-0.59
GTYGetty Realty Corp$2.08BReal EstateReit - Retail-0.59
MGMistras Group Inc$511MIndustrialsSecurity & Protection Services-0.58
BKHBlack Hills Corporation$5.59BUtilitiesUtilities - Regulated Gas-0.58
CAGConagra Brands Inc$6.75BConsumer DefensivePackaged Foods-0.58
PORPortland General Electric Company$6.04BUtilitiesUtilities - Regulated Electric-0.58
XFORX4 Pharmaceuticals Inc$368MHealthcareBiotechnology-0.58
TCMDTactile Systems Technology Inc$650MHealthcareMedical Devices-0.56
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.56
CHRWC.H. Robinson Worldwide Inc$23BIndustrialsIntegrated Freight & Logistics-0.56
AMPHAmphastar Pharmaceuticals Inc$866MHealthcareDrug Manufacturers - Specialty & Generic-0.56
PENPenumbra Inc$12BHealthcareMedical Devices-0.56
NWENorthWestern Energy Group Inc$4.41BUtilitiesUtilities - Regulated Electric-0.56
GLIBAGCI Liberty Inc - Class A$879MCommunication ServicesTelecom Services-0.55
MBBCMarathon Bancorp Inc$44MFinancial ServicesBanks - Regional-0.55
AMRZAmrize Ltd$28BBasic MaterialsBuilding Materials-0.55
CTRACoterra Energy Inc.$25BEnergyOil & Gas E&p-0.55
ATLOAmes National Corp$262MFinancial ServicesBanks - Regional-0.54
INVAInnoviva Inc$1.62BHealthcareBiotechnology-0.54
TBBBBBB Foods Inc - Class A$4.65BConsumer DefensiveDiscount Stores-0.54
SNDSmart Sand Inc$191MEnergyOil & Gas Equipment & Services-0.53
BDXBecton Dickinson & Company$43BHealthcareMedical Instruments & Supplies-0.53
CBChubb Ltd$131BFinancial ServicesInsurance - Property & Casualty-0.53
TERTeradyne Inc$54BTechnologySemiconductor Equipment & Materials-0.53
CIITTianci International Inc$1.99MIndustrialsIntegrated Freight & Logistics-0.53
EBRCentrais Eletricas Brasileiras S.A.$25BUtilitiesUtilities - Renewable-0.53
ANDEAndersons Inc$2.55BConsumer DefensiveFood Distribution-0.53
AVAAvista Corp$3.43BUtilitiesUtilities - Diversified-0.53
HTFBHorizon Technology Finance Corp$1.14BN/AN/A-0.53
GSKGSK Plc$105BHealthcareDrug Manufacturers - General-0.53
BSMBlack Stone Minerals L.P.$3.03BEnergyOil & Gas E&p-0.52
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.52
SRDXSurmodics Inc$614MHealthcareMedical Devices-0.52
BMYBristol-Myers Squibb Company$120BHealthcareDrug Manufacturers - General-0.52
KOCoca-Cola Company$355BConsumer DefensiveBeverages - Non-alcoholic-0.52
MRSNMersana Therapeutics Inc$145MHealthcareBiotechnology-0.52

ETFs that lowly correlated with ICOI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.96
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.95
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.82
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.81
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.81
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.80
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.75
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.71
JABSJANUS HENDERSON ASSET-BACKED SECURITIES ETF $135M0.33%Jul 22, 2025-0.71
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.71
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.68
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.66
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.66
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.65
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.64
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $49MN/AAug 20, 2024-0.64
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.63
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.62
MBSFREGAN FLOATING RATE MBS ETF $222M0.49%Feb 27, 2024-0.61
AUSMAllspring Ultra Short Municipal ETF$31M0.18%Jul 7, 2025-0.59
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.56
LSEQHARBOR LONG-SHORT EQUITY ETF $17M2.28%Dec 4, 2023-0.56
FLSPFRANKLIN SYSTEMATIC STYLE PREMIA ETF $946M0.65%Dec 18, 2019-0.56
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.55
GSKHGSK PLC ADRHEDGED $737K0.19%Jan 6, 2025-0.55
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.54
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.54
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.54
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.54
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.53
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.53
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.53