Looking to diversify beyond OBND? The ETFs below have the lowest correlation with OBND — 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 OBND.
Best Diversifiers for OBND
110 ETFs have low correlation with OBND (below 0.3), 24 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Enhanced Short-Term Bond Active ETF | -0.24 | — | — | 99 | Ultrashort Bond | OBND vs CSHP | |
| Fidelity Managed Futures ETF | -0.23 | — | — | 64 | Systematic Trend | OBND vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.22 | -0.06 | — | 75 | Commodities | OBND vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.19 | -0.05 | — | 50 | Commodities | OBND vs CMDT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | 0.29 | 0.29 | 98 | Inflation-Protected Bonds | OBND vs IBIC |
See all 1056 diversifiers for OBND
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