Looking to diversify beyond BBHY? The ETFs below have the lowest correlation with BBHY — 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 BBHY.
Best Diversifiers for BBHY
168 ETFs have low correlation with BBHY (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, down from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.26 | -0.25 | 61 | Leveraged Currency | BBHY vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | BBHY vs RBIL | |
| VanEck Commodity Strategy ETF | -0.19 | 0.01 | 0.06 | 55 | Commodities | BBHY vs PIT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.19 | -0.05 | -0.05 | 99 | Ultrashort Bond | BBHY vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.15 | -0.02 | -0.01 | 70 | Commodities | BBHY vs FAAR |
See all 2076 diversifiers for BBHY
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