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 Brookmont Catastrophic Bond ETF (ILS) (Nontraditional Bonds) with a 1Y correlation of 0.04, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookmont Catastrophic Bond ETF | 0.04 | 0.05 | 0.05 | 97 | Nontraditional Bonds | ABXB vs ILS | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 0.05 | -0.03 | -0.10 | 87 | Nontraditional Bonds | ABXB vs AGZD | |
| Return Stacked Bonds & Managed Futures ETF | 0.46 | 0.37 | — | 55 | Nontraditional Bonds | ABXB vs RSBT | |
| Abacus FCF Leaders ETF | 0.49 | 0.52 | 0.47 | 53 | Large Cap Blend Equities | ABXB vs ABFL | |
| DoubleLine Asset-Backed Securities ETF | 0.59 | — | — | 85 | Nontraditional Bonds, Corporate Bonds | ABXB vs DABS |
See all 9 diversifiers for ABXB
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