Looking to diversify beyond SBIO? The ETFs below have the lowest correlation with SBIO — 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 SBIO.
Best Diversifiers for SBIO
341 ETFs have low correlation with SBIO (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.20, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.20 | -0.09 | -0.07 | 61 | Leveraged Currency | SBIO vs YCS | |
| TCW AAA CLO ETF | -0.18 | — | — | 99 | CLO | SBIO vs ACLO | |
| iShares 0-3 Month Treasury Bond ETF | -0.17 | -0.08 | -0.04 | 100 | Ultrashort Bond | SBIO vs SGOV | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | SBIO vs IBIC | |
| VanEck Commodity Strategy ETF | -0.16 | -0.04 | — | 55 | Commodities | SBIO vs PIT |
See all 1571 diversifiers for SBIO
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Diversification Analysis
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