Looking to diversify beyond PBOG? The ETFs below have the lowest correlation with PBOG — 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 PBOG.
Best Diversifiers for PBOG
1079 ETFs have low correlation with PBOG (below 0.3), 978 of which are negatively correlated. The least correlated is Ishares J.P. Morgan Broad USD Emerging Markets Bond ETF (BEMB) (Emerging Markets Bonds) with a 1Y correlation of -0.41, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -0.41 | -0.41 | -0.41 | 67 | Emerging Markets Bonds | PBOG vs BEMB | |
| Allspring Income Plus ETF | -0.39 | -0.39 | -0.39 | 58 | Multisector Bonds | PBOG vs AINP | |
| LeaderShares Dynamic Yield ETF | -0.37 | -0.37 | -0.37 | 54 | Multisector Bonds | PBOG vs DYLD | |
| JPMorgan Income ETF | -0.37 | -0.37 | -0.37 | 94 | Multisector Bonds | PBOG vs JPIE | |
| Fidelity Blue Chip Growth ETF | -0.37 | -0.37 | -0.37 | 59 | Large Cap Growth Equities | PBOG vs FBCG |
See all 1126 diversifiers for PBOG
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Diversification Analysis
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