Looking to diversify beyond BBB? The ETFs below have the lowest correlation with BBB — 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 BBB.
Best Diversifiers for BBB
338 ETFs have low correlation with BBB (below 0.3), 30 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.20, up from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.20 | -0.32 | -0.32 | 55 | Inverse Equities | BBB vs NFXS | |
| United States Gasoline Fund LP | -0.18 | — | — | 55 | Oil & Gas | BBB vs UGA | |
| ProShares UltraShort Yen | -0.16 | — | — | 63 | Leveraged Currency | BBB vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.15 | — | — | 97 | Inflation-Protected Bonds | BBB vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | BBB vs IBIC |
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