Looking to diversify beyond BOND? The ETFs below have the lowest correlation with BOND — 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 BOND.
Best Diversifiers for BOND
753 ETFs have low correlation with BOND (below 0.3), 50 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 -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.47 | -0.50 | 61 | Leveraged Currency | BOND vs YCS | |
| Fidelity Managed Futures ETF | -0.32 | — | — | 64 | Systematic Trend | BOND vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.28 | -0.12 | -0.09 | 70 | Commodities | BOND vs FAAR | |
| VanEck Commodity Strategy ETF | -0.28 | -0.10 | — | 55 | Commodities | BOND vs PIT | |
| Bastion Energy ETF | -0.24 | -0.24 | -0.24 | 75 | Energy Equities | BOND vs BESF |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BOND, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BOND and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.33, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.33 | -0.11 | -0.09 | 61 | Energy | |
| Chevron Corporation | -0.27 | -0.06 | -0.06 | 68 | Energy | |
| Exxon Mobil Corporation | -0.24 | -0.05 | -0.06 | 68 | Energy | |
| BP p.l.c. | -0.20 | -0.06 | -0.07 | 76 | Energy | |
| Phillips 66 | -0.20 | -0.03 | -0.05 | 77 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BOND
Add BOND to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BOND