Looking to diversify beyond PIPE? The ETFs below have the lowest correlation with PIPE — 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 PIPE.
Best Diversifiers for PIPE
1090 ETFs have low correlation with PIPE (below 0.3), 436 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNY Mellon Ultra Short Income ETF | -0.23 | — | — | 99 | Ultrashort Bond | PIPE vs BKUI | |
| Franklin Short Duration U.S. Government ETF | -0.22 | — | — | 95 | Mortgage Backed Securities | PIPE vs FTSD | |
| Strive Enhanced Income Short Maturity ETF | -0.21 | — | — | 97 | Ultrashort Bond | PIPE vs BUXX | |
| Invesco BulletShares 2031 Municipal Bond ETF | -0.19 | -0.06 | -0.06 | 64 | Municipal Bonds | PIPE vs BSMV | |
| iShares iBonds Dec 2031 Term Muni Bond ETF | -0.18 | -0.12 | -0.12 | 60 | Municipal Bonds | PIPE vs IBMT |
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