Looking to diversify beyond EBND? The ETFs below have the lowest correlation with EBND — 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 EBND.
Best Diversifiers for EBND
184 ETFs have low correlation with EBND (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.58, down from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.58 | -0.48 | -0.47 | 63 | Leveraged Currency | EBND vs YCS | |
| United States Gasoline Fund LP | -0.39 | -0.12 | 0.01 | 55 | Oil & Gas | EBND vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.29 | 0.20 | 0.20 | 98 | Inflation-Protected Bonds | EBND vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | EBND vs RBIL | |
| TCW AAA CLO ETF | -0.24 | -0.21 | -0.21 | 99 | CLO | EBND vs ACLO |
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