Looking to diversify beyond CNBS? The ETFs below have the lowest correlation with CNBS — 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 CNBS.
Best Diversifiers for CNBS
1968 ETFs have low correlation with CNBS (below 0.3), 45 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | CNBS vs CSHP | |
| Breakwave Tanker Shipping ETF | -0.14 | -0.06 | — | 98 | Commodities | CNBS vs BWET | |
| iShares 0-1 Year Treasury Bond ETF | -0.13 | -0.05 | -0.01 | 100 | Government Bonds, Ultrashort Bond | CNBS vs SHV | |
| Roundhill Weekly T-Bill ETF | -0.12 | — | — | 99 | Ultrashort Bond | CNBS vs WEEK | |
| F/m US Treasury 3 Month Bill ETF | -0.10 | 0.00 | — | 100 | Ultrashort Bond | CNBS vs TBIL |
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