Looking to diversify beyond ABXB? The ETFs below have the lowest correlation with ABXB — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ABXB.
Best Diversifiers for ABXB
2 ETFs have low correlation with ABXB (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) (Nontraditional Bonds) with a 1Y correlation of 0.05, up from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 0.05 | -0.03 | -0.10 | 69 | Nontraditional Bonds | ABXB vs AGZD | |
| Brookmont Catastrophic Bond ETF | 0.08 | — | — | 93 | Nontraditional Bonds | ABXB vs ILS | |
| Return Stacked Bonds & Managed Futures ETF | 0.50 | 0.37 | — | 66 | Nontraditional Bonds | ABXB vs RSBT | |
| DoubleLine Asset-Backed Securities ETF | 0.56 | — | — | 78 | Nontraditional Bonds, Corporate Bonds | ABXB vs DABS | |
| NEOS Enhanced Income Credit Select ETF | 0.77 | — | — | 78 | Nontraditional Bonds | ABXB vs HYBI |
See all 7 diversifiers for ABXB
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