Looking to diversify beyond CGBL? The ETFs below have the lowest correlation with CGBL — 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 CGBL.
Best Diversifiers for CGBL
214 ETFs have low correlation with CGBL (below 0.3), 36 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.31 | — | — | 55 | Oil & Gas | CGBL vs UGA | |
| ProShares UltraShort Yen | -0.29 | — | — | 63 | Leveraged Currency | CGBL vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | — | — | 97 | Inflation-Protected Bonds | CGBL vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | -0.00 | -0.00 | 98 | Inflation-Protected Bonds | CGBL vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.16 | 0.01 | 0.01 | 99 | Ultrashort Bond | CGBL vs CSHP |
See all 1950 diversifiers for CGBL
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Diversification Analysis
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