Looking to diversify beyond BLES? The ETFs below have the lowest correlation with BLES — 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 BLES.
Best Diversifiers for BLES
195 ETFs have low correlation with BLES (below 0.3), 24 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.21 | -0.16 | 63 | Leveraged Currency | BLES vs YCS | |
| United States Gasoline Fund LP | -0.25 | -0.02 | 0.12 | 55 | Oil & Gas | BLES vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | BLES vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | BLES vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | BLES vs USFR |
See all 1951 diversifiers for BLES
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