14 Stocks and 86 ETFs for diversifying SBIT (ProShares UltraShort Bitcoin ETF)
The least correlated asset to SBIT (ProShares UltraShort Bitcoin ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with SBIT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MACK | Merrimack Pharmaceuticals Inc | $219M | N/A | N/A | -1.00 |
| BTCW | WisdomTree Bitcoin Fund | $140M | N/A | N/A | -0.96 |
| EZBC | Franklin Templeton Digital Holdings Trust | $409M | N/A | N/A | -0.96 |
| CPLP | Capital Product Partners L P | $355M | N/A | N/A | -0.89 |
| BCOR | GRAYSCALE BITCOIN ADOPTERS ETF | $868M | N/A | N/A | -0.88 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.80 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -0.80 |
| MSTR | Strategy Inc - Class A | $33B | Technology | Software - Application | -0.79 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.79 |
| ETH | Grayscale Investments LLC | $1.66B | N/A | N/A | -0.75 |
| COIN | Coinbase Global Inc - Class A | $44B | Financial Services | Financial Data & Stock Exchanges | -0.75 |
| ACST | Acasti Pharma Inc - Class A | $53M | N/A | N/A | -0.75 |
| CANG | Cango Inc | $83M | Financial Services | Capital Markets | -0.74 |
| SMLR | Semler Scientific Inc | $308M | Healthcare | Medical Devices | -0.73 |