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
208 ETFs have low correlation with SBND (below 0.3), 24 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.21, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.21 | -0.22 | -0.22 | 64 | Systematic Trend | SBND vs FFUT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | -0.15 | -0.15 | 99 | Ultrashort Bond | SBND vs CSHP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.18 | -0.05 | — | 100 | Government Bonds, Ultrashort Bond | SBND vs BIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | 0.31 | 0.31 | 98 | Inflation-Protected Bonds | SBND vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.14 | -0.06 | -0.06 | 70 | Commodities | SBND vs FAAR |
See all 1153 diversifiers for SBND
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