Which stocks are most correlated with BITC?

Based on one year of daily returns, the stocks most correlated with Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) are AETH (0.80), QBF (0.66) and HBTC (0.66). 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 BITC?

Over the past year, the stocks most inversely correlated with Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) are SBIT (-0.59), BTCZ (-0.59) and BITI (-0.58). A negative correlation means the two stocks have tended to move in opposite directions.

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) — Stock Correlations & Overview

Over the past year, BITC has moved most closely with AETH, QBF, HBTC. Explore the stocks most correlated and inversely correlated with BITC below, along with its price, financials, and company profile.

Stocks correlated with BITC

Correlation of daily returns. Higher positive values move with BITC; negative values move opposite it. Informational only, not investment advice.

Most correlated with BITC

Symbol	Company	Correlation
AETH	Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF	0.80
QBF	Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly	0.66
HBTC	Fortuna Hedged Bitcoin ETF	0.66
MAXI	Simplify Exchange Traded Funds Simplify Bitcoin Strategy ETF	0.66
CBXJ	Calamos Bitcoin 90 Series Structured Alt Protection ETF - January	0.63

Most inversely correlated with BITC

Symbol	Company	Correlation
SBIT	ProShares UltraShort Bitcoin ETF	-0.59
BTCZ	T-Rex 2X Inverse Bitcoin Daily Target ETF	-0.59
BITI	ProShares Short Bitcoin ETF	-0.58
SMST	Tidal Trust II Defiance Daily Target 2x Short MSTR ETF	-0.54
MSTZ	T-Rex 2X Inverse MSTR Daily Target ETF	-0.54

Frequently asked questions about BITC correlations

Which stocks are most correlated with BITC?: Based on one year of daily returns, the stocks most correlated with Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) are AETH (0.80), QBF (0.66) and HBTC (0.66). 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 BITC?: Over the past year, the stocks most inversely correlated with Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) are SBIT (-0.59), BTCZ (-0.59) and BITI (-0.58). 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 BITC correlations calculated?: We compute the correlation of daily returns between BITC 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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