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
1115 ETFs have low correlation with SBIL (below 0.3), 73 of which are negatively correlated. The least correlated is Simplify Currency Strategy ETF (FOXY) (Leveraged Currency) with a 1Y correlation of -0.12, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Simplify Currency Strategy ETF | -0.12 | -0.12 | -0.12 | 68 | Leveraged Currency | SBIL vs FOXY | |
| iShares Managed Futures Active ETF | -0.09 | — | — | 90 | Systematic Trend | SBIL vs ISMF | |
| Direxion Daily CSI 300 China A Share Bull 2x Share... | -0.08 | -0.08 | -0.08 | 81 | Leveraged Equities, China Equities | SBIL vs CHAU | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | -0.07 | -0.07 | -0.07 | 82 | China Equities | SBIL vs ASHR | |
| KraneShares Bosera MSCI China A Share ETF | -0.07 | -0.07 | -0.07 | 88 | China Equities | SBIL vs KBA |
See all 1116 diversifiers for SBIL
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