Looking to diversify beyond FBCV? The ETFs below have the lowest correlation with FBCV — 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 FBCV.
Best Diversifiers for FBCV
306 ETFs have low correlation with FBCV (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.08 | -0.04 | 63 | Leveraged Currency | FBCV vs YCS | |
| United States Gasoline Fund LP | -0.13 | 0.01 | 0.13 | 55 | Oil & Gas | FBCV vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | — | — | 97 | Inflation-Protected Bonds | FBCV vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | FBCV vs CSHP | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | FBCV vs USFR |
See all 1948 diversifiers for FBCV
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