Looking to diversify beyond GBND? The ETFs below have the lowest correlation with GBND — 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 GBND.
Best Diversifiers for GBND
3 ETFs have low correlation with GBND (below 0.3), 0 of which are negatively correlated. The least correlated is SGI Enhanced Core ETF (USDX) (Intermediate Core Bond) with a 1Y correlation of 0.05, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SGI Enhanced Core ETF | 0.05 | 0.05 | 0.05 | 94 | Intermediate Core Bond | GBND vs USDX | |
| Aptus Enhanced Yield ETF | 0.27 | 0.27 | 0.27 | 83 | Intermediate Core Bond | GBND vs JUCY | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29 | 0.29 | 0.29 | 75 | Derivative Income, S&P 500 | GBND vs GPIX | |
| Hartford Schroders Tax-Aware Bond ETF | 0.61 | 0.61 | 0.61 | 51 | Intermediate Core Bond | GBND vs HTAB | |
| Frontier Asset Core Bond ETF | 0.88 | 0.88 | — | 52 | Intermediate Core Bond | GBND vs FCBD |
Diversification Analysis
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