Looking to diversify beyond BNDS? The ETFs below have the lowest correlation with BNDS — 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 BNDS.
Best Diversifiers for BNDS
317 ETFs have low correlation with BNDS (below 0.3), 69 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.12 | -0.12 | 63 | Leveraged Currency | BNDS vs YCS | |
| United States Oil Fund LP | -0.22 | -0.07 | -0.07 | 66 | Oil & Gas | BNDS vs USO | |
| Invesco DB Energy Fund | -0.21 | -0.08 | -0.08 | 71 | Oil & Gas | BNDS vs DBE | |
| United States Brent Oil Fund LP | -0.21 | — | — | 65 | Oil & Gas | BNDS vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.19 | -0.06 | -0.06 | 56 | Derivative Income | BNDS vs USOY |
See all 2192 diversifiers for BNDS
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