Looking to diversify beyond BBLB? The ETFs below have the lowest correlation with BBLB — 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 BBLB.
Best Diversifiers for BBLB
1697 ETFs have low correlation with BBLB (below 0.3), 120 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.42 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.42 | — | 61 | Leveraged Currency | BBLB vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.23 | — | 71 | Oil & Gas | BBLB vs DBE | |
| United States Gasoline Fund LP | -0.39 | -0.20 | — | 69 | Oil & Gas | BBLB vs UGA | |
| Invesco DB Oil Fund | -0.39 | -0.22 | — | 65 | Oil & Gas | BBLB vs DBO | |
| Defiance Oil Enhanced Options Income ETF | -0.38 | -0.29 | — | 56 | Derivative Income | BBLB vs USOY |
See all 2116 diversifiers for BBLB
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