Looking to diversify beyond MBND? The ETFs below have the lowest correlation with MBND — 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 MBND.
Best Diversifiers for MBND
941 ETFs have low correlation with MBND (below 0.3), 58 of which are negatively correlated. The least correlated is DoubleLine Commodity Strategy ETF (DCMT) (Commodities) with a 1Y correlation of -0.25, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Commodity Strategy ETF | -0.25 | -0.12 | -0.12 | 51 | Commodities | MBND vs DCMT | |
| Invesco DB Energy Fund | -0.23 | -0.11 | -0.08 | 53 | Oil & Gas | MBND vs DBE | |
| Invesco DB Commodity Index Tracking Fund | -0.23 | -0.08 | -0.05 | 54 | Commodities | MBND vs DBC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.08 | -0.06 | 51 | Commodities | MBND vs GSG | |
| Bastion Energy ETF | -0.21 | — | — | 87 | Energy Equities | MBND vs BESF |
See all 1141 diversifiers for MBND
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MBND
Add MBND to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MBND