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), 73 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.37 | -0.34 | -0.34 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BNDS vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.37 | — | — | 51 | Currency | BNDS vs UUP | |
| ProShares Short Bitcoin ETF | -0.37 | -0.33 | -0.33 | 57 | Cryptocurrency | BNDS vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | -0.33 | -0.33 | 68 | Inverse Equities, Leveraged Equities | BNDS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | -0.33 | -0.33 | 60 | Inverse Equities | BNDS vs SMST |
See all 2048 diversifiers for BNDS
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