Looking to diversify beyond BESF? The ETFs below have the lowest correlation with BESF — 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 BESF.
Best Diversifiers for BESF
1909 ETFs have low correlation with BESF (below 0.3), 224 of which are negatively correlated. The least correlated is Vanguard Short-Term Tax-Exempt Bond ETF Shares (VTES) (Municipal Bonds) with a 1Y correlation of -0.30, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Tax-Exempt Bond ETF Shares | -0.30 | -0.30 | -0.30 | 73 | Municipal Bonds | BESF vs VTES | |
| Capital Group Municipal Income ETF | -0.29 | -0.29 | -0.29 | 75 | Municipal Bonds | BESF vs CGMU | |
| Fidelity Municipal Bond Opportunities ETF | -0.27 | -0.27 | -0.27 | 80 | Municipal Bonds | BESF vs FMUB | |
| Vanguard Intermediate-Term Tax-Exempt Bond ETF | -0.27 | -0.27 | -0.27 | 71 | Municipal Bonds | BESF vs VTEI | |
| ALPS Intermediate Municipal Bond ETF | -0.27 | -0.27 | -0.27 | 71 | Municipal Bonds | BESF vs MNBD |
See all 2003 diversifiers for BESF
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