Looking to diversify beyond ESGB? The ETFs below have historically moved differently from ESGB, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ESGB
2158 ETFs have low correlation with ESGB (below 0.3), 973 of which are negatively correlated. The least correlated is Thrivent Ultra Short Bond ETF (TUSB) (Ultrashort Bond) with a 1Y correlation of -0.28, roughly unchanged from -0.28 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Thrivent Ultra Short Bond ETF | -0.28 | -0.28 | -0.28 | 99 | Ultrashort Bond | ESGB vs TUSB | |
| iShares Transportation Average ETF | -0.25 | -0.25 | -0.25 | 57 | Industrials Equities | ESGB vs IYT | |
| Innovator Premium Income 30 Barrier ETF - October | -0.22 | -0.22 | -0.22 | 93 | Options Trading | ESGB vs OCTJ | |
| Invesco S&P 500 Equal Weight Health Care ETF | -0.22 | -0.22 | -0.22 | 66 | Health & Biotech Equities, S&P 500, Equal Weight | ESGB vs RSPH | |
| US Diversified Real Estate ETF | -0.22 | -0.22 | -0.22 | 62 | REIT | ESGB vs PPTY |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ESGB
Add ESGB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESGB