Looking to diversify beyond BDYN? The ETFs below have the lowest correlation with BDYN — 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 BDYN.
Best Diversifiers for BDYN
231 ETFs have low correlation with BDYN (below 0.3), 21 of which are negatively correlated. The least correlated is Global X MLP & Energy Infrastructure ETF (MLPX) (MLPs) with a 1Y correlation of -0.08, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X MLP & Energy Infrastructure ETF | -0.08 | -0.08 | -0.08 | 51 | MLPs | BDYN vs MLPX | |
| Cambria Tactical Yield ETF | -0.07 | -0.07 | -0.07 | 99 | BDYN vs TYLD | ||
| iShares Diversified Commodity Swap UCITS ETF | -0.07 | -0.07 | -0.07 | 81 | Commodities | BDYN vs ISCMF | |
| Xtrackers US 0-1 Year Treasury ETF | -0.07 | -0.07 | -0.07 | 99 | Government Bonds, Ultrashort Bond | BDYN vs TRSY | |
| iShares Enhanced Short-Term Bond Active ETF | -0.07 | -0.07 | -0.07 | 99 | Ultrashort Bond | BDYN vs CSHP |
See all 1899 diversifiers for BDYN
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