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
1987 ETFs have low correlation with BILS (below 0.3), 253 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.18, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.18 | -0.10 | -0.09 | 55 | Commodities | BILS vs PDBC | |
| Invesco DB Energy Fund | -0.18 | -0.11 | -0.12 | 53 | Oil & Gas | BILS vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | -0.10 | -0.09 | 51 | Commodities | BILS vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.17 | -0.12 | -0.12 | 51 | Commodities | BILS vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.17 | -0.10 | -0.10 | 54 | Commodities | BILS vs DBC |
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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 0.03, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apollo Commercial Real Estate Finance, Inc. | 0.03 | 0.04 | 0.00 | 64 | Real Estate | |
| Sprott Physical Gold Trust | 0.09 | 0.08 | 0.14 | 61 | Financial Services | |
| Blackrock Municipal 2030 Target Term Trust | 0.09 | 0.09 | 0.15 | 80 | Financial Services |
Build a portfolio that complements BILS
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