Looking to balance out your exposure to ABNB? The ETFs below have the lowest correlation with ABNB — they tend to move on their own, which can help reduce risk when ABNB drops. The stock ideas table highlights individual companies that behave independently from ABNB.
Best Diversifiers for ABNB
71 ETFs have low correlation with ABNB (below 0.3), 3 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.02 | -0.01 | 100 | Government Bonds, Ultrashort Bond | ABNB vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.03 | -0.05 | -0.01 | 100 | Government Bonds, Ultrashort Bond | ABNB vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01 | — | — | 100 | Ultrashort Bond | ABNB vs VBIL | |
| Global X MLP & Energy Infrastructure ETF | 0.00 | 0.16 | 0.25 | 55 | MLPs | ABNB vs MLPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04 | 0.02 | 0.04 | 83 | Inflation-Protected Bonds | ABNB vs VTIP |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ABNB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ABNB and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.14, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.14 | -0.08 | -0.04 | 96 | Healthcare | |
| Duke Energy Corporation | -0.14 | -0.08 | -0.04 | 62 | Utilities | |
| Altria Group, Inc. | -0.11 | -0.02 | 0.04 | 72 | Consumer Defensive | |
| American Electric Power Company, Inc. | -0.10 | -0.05 | 0.01 | 86 | Utilities | |
| Welltower Inc. | -0.10 | 0.05 | 0.13 | 86 | Real Estate |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ABNB
Add ABNB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ABNB