Looking to diversify beyond BILS? The ETFs below have the lowest correlation with BILS — 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 BILS.
Best Diversifiers for BILS
1906 ETFs have low correlation with BILS (below 0.3), 414 of which are negatively correlated. The least correlated is PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) (Commodities) with a 1Y correlation of -0.19, down from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.19 | -0.09 | — | 50 | Commodities | BILS vs CMDT | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.18 | -0.08 | -0.05 | 54 | Commodities | BILS vs COM | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.17 | — | — | 53 | Commodities | BILS vs CERY | |
| VanEck Commodity Strategy ETF | -0.16 | -0.09 | — | 57 | Commodities | BILS vs PIT | |
| United States Gasoline Fund LP | -0.15 | -0.10 | -0.10 | 55 | Oil & Gas | BILS vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BILS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BILS and solid risk/return profiles. The least correlated is Apollo Commercial Real Estate Finance, Inc. (ARI) (Real Estate) with a 1Y correlation of 0.01, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apollo Commercial Real Estate Finance, Inc. | 0.01 | 0.04 | 0.01 | 74 | Real Estate | |
| Blackrock Municipal 2030 Target Term Trust | 0.06 | 0.09 | 0.15 | 81 | Financial Services |
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