Looking to diversify beyond CBXJ? The ETFs below have the lowest correlation with CBXJ — 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 CBXJ.
Best Diversifiers for CBXJ
656 ETFs have low correlation with CBXJ (below 0.3), 41 of which are negatively correlated. The least correlated is Obra Opportunistic Structured Products ETF (OOSP) (Multisector Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Obra Opportunistic Structured Products ETF | -0.10 | -0.09 | — | 68 | Multisector Bonds | CBXJ vs OOSP | |
| Roundhill Weekly T-Bill ETF | -0.09 | — | — | 99 | Ultrashort Bond | CBXJ vs WEEK | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | -0.03 | — | 100 | Ultrashort Bond | CBXJ vs CSHP | |
| Brookmont Catastrophic Bond ETF | -0.07 | — | — | 93 | Nontraditional Bonds | CBXJ vs ILS | |
| WisdomTree Floating Rate Treasury Fund | -0.07 | — | — | 100 | Government Bonds, Ultrashort Bond | CBXJ vs USFR |
See all 2113 diversifiers for CBXJ
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