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
1603 ETFs have low correlation with BBLB (below 0.3), 104 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.39, down from -0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.39 | -0.24 | — | 57 | Oil & Gas | BBLB vs DBE | |
| United States Gasoline Fund LP | -0.39 | -0.21 | — | 82 | Oil & Gas | BBLB vs UGA | |
| ProShares UltraShort Yen | -0.39 | -0.42 | — | 72 | Leveraged Currency | BBLB vs YCS | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.37 | -0.21 | — | 52 | Commodities | BBLB vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.37 | -0.19 | — | 56 | Commodities | BBLB vs GSG |
See all 2069 diversifiers for BBLB
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