Looking to diversify beyond AHYB? The ETFs below have the lowest correlation with AHYB — 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 AHYB.
Best Diversifiers for AHYB
187 ETFs have low correlation with AHYB (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, down from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.28 | -0.26 | 61 | Leveraged Currency | AHYB vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.23 | — | — | 99 | Ultrashort Bond | AHYB vs CSHP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | AHYB vs RBIL | |
| VanEck Commodity Strategy ETF | -0.17 | 0.03 | — | 55 | Commodities | AHYB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.13 | -0.01 | -0.03 | 70 | Commodities | AHYB vs FAAR |
See all 2075 diversifiers for AHYB
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