Looking to diversify beyond BNDI? The ETFs below have the lowest correlation with BNDI — 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 BNDI.
Best Diversifiers for BNDI
376 ETFs have low correlation with BNDI (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.45 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.45 | — | 61 | Leveraged Currency | BNDI vs YCS | |
| Fidelity Managed Futures ETF | -0.30 | — | — | 64 | Systematic Trend | BNDI vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.29 | -0.12 | — | 70 | Commodities | BNDI vs FAAR | |
| VanEck Commodity Strategy ETF | -0.29 | -0.10 | — | 55 | Commodities | BNDI vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.25 | -0.12 | -0.12 | 50 | Commodities | BNDI vs CERY |
See all 2077 diversifiers for BNDI
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