Looking to diversify beyond BNDC? The ETFs below have the lowest correlation with BNDC — 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 BNDC.
Best Diversifiers for BNDC
902 ETFs have low correlation with BNDC (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.47 | -0.51 | 63 | Leveraged Currency | BNDC vs YCS | |
| United States Gasoline Fund LP | -0.40 | -0.20 | -0.14 | 55 | Oil & Gas | BNDC vs UGA | |
| Fidelity Managed Futures ETF | -0.31 | — | — | 64 | Systematic Trend | BNDC vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.11 | -0.10 | 75 | Commodities | BNDC vs FAAR | |
| VanEck Commodity Strategy ETF | -0.25 | -0.10 | — | 57 | Commodities | BNDC vs PIT |
See all 1951 diversifiers for BNDC
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