Looking to diversify beyond GLDB? The ETFs below have the lowest correlation with GLDB — 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 GLDB.
Best Diversifiers for GLDB
367 ETFs have low correlation with GLDB (below 0.3), 12 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.13, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.13 | -0.13 | -0.13 | 61 | Leveraged Currency | GLDB vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.03 | -0.03 | -0.03 | 98 | Ultrashort Bond | GLDB vs BAMU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.03 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | GLDB vs BIL | |
| Breakwave Tanker Shipping ETF | -0.03 | -0.03 | -0.03 | 98 | Commodities | GLDB vs BWET | |
| iShares iBonds Dec 2026 Term Corporate ETF | -0.03 | -0.03 | -0.03 | 99 | Corporate Bonds | GLDB vs IBDR |
See all 2051 diversifiers for GLDB
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