Looking to diversify beyond FBT? The ETFs below have the lowest correlation with FBT — 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 FBT.
Best Diversifiers for FBT
341 ETFs have low correlation with FBT (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.13 | -0.11 | 63 | Leveraged Currency | FBT vs YCS | |
| United States Gasoline Fund LP | -0.27 | -0.11 | -0.01 | 55 | Oil & Gas | FBT vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | FBT vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | FBT vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.05 | -0.02 | 100 | Ultrashort Bond | FBT vs SGOV |
See all 1864 diversifiers for FBT
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