Looking to diversify beyond BNDP? The ETFs below have the lowest correlation with BNDP — 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 BNDP.
Best Diversifiers for BNDP
230 ETFs have low correlation with BNDP (below 0.3), 52 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 -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.50 | -0.50 | 61 | Leveraged Currency | BNDP vs YCS | |
| Fidelity Managed Futures ETF | -0.42 | -0.42 | -0.42 | 64 | Systematic Trend | BNDP vs FFUT | |
| VanEck Commodity Strategy ETF | -0.41 | -0.41 | -0.41 | 55 | Commodities | BNDP vs PIT | |
| Bastion Energy ETF | -0.36 | -0.36 | -0.36 | 75 | Energy Equities | BNDP vs BESF | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.35 | -0.35 | -0.35 | 98 | Inflation-Protected Bonds | BNDP vs IBIC |
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