Looking to diversify beyond FBDC? The ETFs below have the lowest correlation with FBDC — 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 FBDC.
Best Diversifiers for FBDC
671 ETFs have low correlation with FBDC (below 0.3), 31 of which are negatively correlated. The least correlated is VanEck Commodity Strategy ETF (PIT) (Commodities) with a 1Y correlation of -0.06, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Commodity Strategy ETF | -0.06 | -0.06 | -0.06 | 55 | Commodities | FBDC vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.06 | -0.06 | -0.06 | 70 | Commodities | FBDC vs FAAR | |
| SGI Enhanced Core ETF | -0.06 | -0.06 | -0.06 | 95 | Intermediate Core Bond | FBDC vs USDX | |
| Dimensional National Municipal Bond ETF | -0.06 | -0.06 | -0.06 | 80 | Municipal Bonds | FBDC vs DFNM | |
| Virtus SEIX AAA Private Credit CLO ETF | -0.05 | -0.05 | -0.05 | 99 | CLO | FBDC vs PCLO |
See all 1951 diversifiers for FBDC
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