Looking to diversify beyond SBIL? The ETFs below have the lowest correlation with SBIL — 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 SBIL.
Best Diversifiers for SBIL
1088 ETFs have low correlation with SBIL (below 0.3), 65 of which are negatively correlated. The least correlated is iPath Bloomberg Commodity Index Total Return ETN (DJP) (Commodities) with a 1Y correlation of -0.07, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iPath Bloomberg Commodity Index Total Return ETN | -0.07 | -0.07 | -0.07 | 53 | Commodities | SBIL vs DJP | |
| SPDR S&P Global Natural Resources ETF | -0.06 | -0.06 | -0.06 | 52 | Natural Resources | SBIL vs GNR | |
| 3EDGE Dynamic Hard Assets ETF | -0.06 | — | — | 51 | Commodities | SBIL vs EDGH | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.06 | -0.06 | -0.06 | 65 | Commodities | SBIL vs CMDT | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | -0.05 | -0.05 | -0.05 | 53 | Commodities | SBIL vs BCI |
See all 1088 diversifiers for SBIL
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