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76 Stocks and 24 ETFs for diversifying ICOI (BITWISE COIN OPTION INCOME STRATEGY ETF)

The least correlated asset to ICOI (BITWISE COIN OPTION INCOME STRATEGY ETF) is company OptiNose (OPTN). The correlation is -1.

Stocks that lowly correlated with ICOI

SymbolName
Market cap
SectorIndustry
Correlation
OPTNOptiNose Inc$112MN/AN/A-1.00
DBGIWDigital Brands Group Inc - Warrants (01/05/2026)$40MN/AN/A-0.93
ACHLAchilles Therapeutics Plc$63MHealthcareBiotechnology-0.93
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.93
RCMR1 RCM Inc$6.04BHealthcareHealth Information Services-0.93
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.93
RVNCRevance Therapeutics Inc$380MHealthcareBiotechnology-0.93
MCACRConnectM Technology Solutions Inc$2.93MN/AN/A-0.93
GRCLGracell Biotechnologies Inc$990MHealthcareBiotechnology-0.93
FRLAUFortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$36MFinancial ServicesShell Companies-0.93
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.93
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.93
FRLAFortune Rise Acquisition Corp - Class A$35MFinancial ServicesShell Companies-0.93
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.93
YMABY-Mabs Therapeutics Inc$390MHealthcareBiotechnology-0.84
PINEAlpine Income Property Trust Inc$318MReal EstateReit - Retail-0.84
ACGLArch Capital Group Ltd$32BFinancial ServicesInsurance - Diversified-0.75
DRRXDurect Corp$60MHealthcareDrug Manufacturers - Specialty & Generic-0.74
CNACNA Financial Corp$12BFinancial ServicesInsurance - Property & Casualty-0.73
TSNTyson Foods Inc - Class A$23BConsumer DefensiveFarm Products-0.72
BOTJBank of James Financial Group Inc$104MFinancial ServicesBanks - Regional-0.71
ANTEAirNet Technology Inc$89MN/AN/A-0.70
CBChubb Ltd$125BFinancial ServicesInsurance - Property & Casualty-0.68
GLIBAGCI Liberty Inc - Class A$926MCommunication ServicesTelecom Services-0.68
CAGConagra Brands Inc$6.38BConsumer DefensivePackaged Foods-0.67
GMEDGlobus Medical Inc - Class A$11BHealthcareMedical Devices-0.67
COOPMr. Cooper Group Inc$14BFinancial ServicesMortgage Finance-0.67
AXIAAxia Energia$24BUtilitiesUtilities - Renewable-0.67
GTYGetty Realty Corp$2BReal EstateReit - Retail-0.67
BKHBlack Hills Corporation$5.62BUtilitiesUtilities - Regulated Gas-0.66
ADNAdvent Technologies Holdings, Inc. Class A Common Stock$2.71MIndustrialsElectrical Equipment & Parts-0.66
GRFXGraphex Group Ltd American Depositary Shares each American Depositary Share representing 20$20MBasic MaterialsOther Industrial Metals & Mining-0.65
EIXEdison International$28BUtilitiesUtilities - Regulated Electric-0.65
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.65
PHLTPerformant Healthcare Inc$626MHealthcareHealth Information Services-0.65
NWENorthWestern Energy Group Inc$4.45BUtilitiesUtilities - Regulated Electric-0.64
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.64
RNRRenaissanceRe Holdings Ltd$12BFinancial ServicesInsurance - Reinsurance-0.63
TAPMolson Coors Beverage Company - Class B$8.34BConsumer DefensiveBeverages - Brewers-0.63
LFSTLifeStance Health Group Inc$2.95BHealthcareMedical Care Facilities-0.63
NETDNabors Energy Transition Corp II - Class A$73MFinancial ServicesShell Companies-0.63
NHINational Health Investors Inc$3.62BReal EstateReit - Healthcare Facilities-0.63
ADCAgree Realty Corp$9BReal EstateReit - Retail-0.62
WUWestern Union Company$2.55BFinancial ServicesCredit Services-0.62
VTRVentas Inc$43BReal EstateReit - Healthcare Facilities-0.62
BORRBorr Drilling Ltd$1.55BEnergyOil & Gas Drilling-0.61
MGMistras Group Inc$566MIndustrialsSecurity & Protection Services-0.61
PORPortland General Electric Company$5.92BUtilitiesUtilities - Regulated Electric-0.61
PENPenumbra Inc$13BHealthcareMedical Devices-0.61
KNFKnife River Corp$4.44BBasic MaterialsBuilding Materials-0.60
HTFBHorizon Technology Finance Corp$1.14BN/AN/A-0.60
ANDEAndersons Inc$2.45BConsumer DefensiveFood Distribution-0.60
XFORX4 Pharmaceuticals Inc$380MHealthcareBiotechnology-0.59
BCPCBalchem Corp$5.17BBasic MaterialsSpecialty Chemicals-0.59
BMYBristol-Myers Squibb Company$117BHealthcareDrug Manufacturers - General-0.59
BGSB&G Foods Inc$337MConsumer DefensivePackaged Foods-0.59
OHIOmega Healthcare Investors Inc$14BReal EstateReit - Healthcare Facilities-0.59
TCMDTactile Systems Technology Inc$569MHealthcareMedical Devices-0.58
SAFTSafety Insurance Group Inc$1.03BFinancial ServicesInsurance - Property & Casualty-0.58
MBBCMarathon Bancorp, Inc. Common Stock$40MN/AN/A-0.58
CIITTianci International Inc$4.52MIndustrialsIntegrated Freight & Logistics-0.58
SNDXSyndax Pharmaceuticals Inc$1.74BHealthcareBiotechnology-0.57
LBTYBLiberty Global plc - Class B$4.73BCommunication ServicesTelecom Services-0.57
KOCoca-Cola Company$351BConsumer DefensiveBeverages - Non-alcoholic-0.57
NJRNew Jersey Resources Corporation$5.72BUtilitiesUtilities - Regulated Gas-0.57
AFLAflac Inc$59BFinancial ServicesInsurance - Life-0.57
AMPHAmphastar Pharmaceuticals Inc$853MHealthcareDrug Manufacturers - Specialty & Generic-0.57
BDXBecton Dickinson & Company$41BHealthcareMedical Instruments & Supplies-0.57
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.56
DOLEDole plc$1.38BConsumer DefensiveFarm Products-0.56
BGBunge Global SA$23BConsumer DefensiveFarm Products-0.56
SPHSuburban Propane Partners LP$1.31BUtilitiesUtilities - Regulated Gas-0.56
CHRWC.H. Robinson Worldwide Inc$21BIndustrialsIntegrated Freight & Logistics-0.56
INVAInnoviva Inc$1.63BHealthcareBiotechnology-0.56
WDFCWD-40 Company$2.77BBasic MaterialsSpecialty Chemicals-0.56
HLLYHolley Inc - Class A$355MConsumer CyclicalAuto Parts-0.55

ETFs that lowly correlated with ICOI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.96
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.95
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.83
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.83
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.83
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.74
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.72
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.71
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.69
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.68
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.67
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $110MN/ASep 17, 2024-0.67
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.67
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $31MN/AAug 20, 2024-0.67
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.64
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.64
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.63
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.62
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.62
ORRMILITIA LONG/SHORT EQUITY ETF $387M10.91%Jan 14, 2025-0.61
MBSFREGAN FLOATING RATE MBS ETF $201M0.49%Feb 27, 2024-0.59
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.57
LSEQHARBOR LONG-SHORT EQUITY ETF $15M2.28%Dec 4, 2023-0.57
FLSPFRANKLIN SYSTEMATIC STYLE PREMIA ETF $896M0.65%Dec 18, 2019-0.55