Looking to diversify beyond BBAX? The ETFs below have the lowest correlation with BBAX — 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 BBAX.
Best Diversifiers for BBAX
269 ETFs have low correlation with BBAX (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.41, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | -0.28 | -0.22 | 61 | Leveraged Currency | BBAX vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | -0.22 | -0.22 | 97 | Inflation-Protected Bonds | BBAX vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | 0.05 | 0.05 | 98 | Inflation-Protected Bonds | BBAX vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.18 | -0.06 | -0.03 | 100 | Ultrashort Bond | BBAX vs SGOV | |
| TCW AAA CLO ETF | -0.17 | -0.10 | -0.10 | 99 | CLO | BBAX vs ACLO |
See all 2077 diversifiers for BBAX
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