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
226 ETFs have low correlation with EBND (below 0.3), 75 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.75, roughly unchanged from -0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.75 | -0.73 | -0.73 | 51 | Currency | EBND vs UUP | |
| ProShares UltraShort Yen | -0.56 | -0.49 | -0.48 | 72 | Leveraged Currency | EBND vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.13 | 0.00 | 53 | Oil & Gas | EBND vs DBE | |
| United States Gasoline Fund LP | -0.37 | -0.11 | 0.00 | 78 | Oil & Gas | EBND vs UGA | |
| ProShares Short Bitcoin ETF | -0.34 | -0.22 | -0.25 | 57 | Cryptocurrency | EBND vs BITI |
See all 2047 diversifiers for EBND
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EBND
Add EBND to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EBND