Looking to diversify beyond SBND? The ETFs below have the lowest correlation with SBND — 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 SBND.
Best Diversifiers for SBND
267 ETFs have low correlation with SBND (below 0.3), 42 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.28, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | -0.13 | -0.05 | 53 | Oil & Gas | SBND vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | -0.08 | -0.01 | 51 | Commodities | SBND vs GSG | |
| Fidelity Managed Futures ETF | -0.23 | — | — | 71 | Systematic Trend | SBND vs FFUT | |
| Invesco DB Commodity Index Tracking Fund | -0.22 | -0.06 | — | 54 | Commodities | SBND vs DBC | |
| ProShares Short Bitcoin ETF | -0.18 | -0.10 | -0.14 | 57 | Cryptocurrency | SBND vs BITI |
See all 1143 diversifiers for SBND
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