Grayscale Bitcoin Adopters ETF (BCOR) — Stock Correlations & Overview
Over the past year, BCOR has moved most closely with OWNB, SATO, CRPT. Explore the stocks most correlated and inversely correlated with BCOR below, along with its price, financials, and company profile.
Stocks correlated with BCOR
Correlation of daily returns. Higher positive values move with BCOR; negative values move opposite it. Informational only, not investment advice.
Most correlated with BCOR
| Symbol | Company | Correlation |
|---|---|---|
| OWNB | Bitwise Bitcoin Standard Corporations ETF | 0.93 |
| SATO | Invesco Alerian Galaxy Crypto Economy ETFINVESTMENT ADVICE | 0.92 |
| CRPT | First Trust SkyBridge Crypto Industry and Digital Economy ETF | 0.91 |
| BLOK | Amplify Blockchain Technology ETF | 0.90 |
| DAPP | VanEck Digital Transformation ETF | 0.89 |
Most inversely correlated with BCOR
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.85 |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -0.85 |
| SMST | Tidal Trust II Defiance Daily Target 2x Short MSTR ETF | -0.85 |
| BTCZ | T-Rex 2X Inverse Bitcoin Daily Target ETF | -0.83 |
| SBIT | ProShares UltraShort Bitcoin ETF | -0.83 |
Frequently asked questions about BCOR correlations
- Which stocks are most correlated with BCOR?
- Based on one year of daily returns, the stocks most correlated with Grayscale Bitcoin Adopters ETF (BCOR) are OWNB (0.93), SATO (0.92) and CRPT (0.91). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with BCOR?
- Over the past year, the stocks most inversely correlated with Grayscale Bitcoin Adopters ETF (BCOR) are SARK (-0.85), MSTZ (-0.85) and SMST (-0.85). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these BCOR correlations calculated?
- We compute the correlation of daily returns between BCOR and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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