Looking to diversify beyond TBX? The ETFs below have the lowest correlation with TBX — 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 TBX.
Best Diversifiers for TBX
1542 ETFs have low correlation with TBX (below 0.3), 1472 of which are negatively correlated. The least correlated is Vanguard Short-Term Bond Index Fund ETF Shares (BSV) (Short-Term Bond) with a 1Y correlation of -0.91, roughly unchanged from -0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Bond Index Fund ETF Shares | -0.91 | -0.85 | -0.85 | 66 | Short-Term Bond | TBX vs BSV | |
| iShares Core 1-5 Year USD Bond ETF | -0.90 | -0.85 | -0.85 | 76 | Short-Term Bond | TBX vs ISTB | |
| FlexShares Credit-Scored US Corporate Bond Index F... | -0.90 | -0.85 | -0.86 | 52 | Corporate Bonds | TBX vs SKOR | |
| Frontier Asset Core Bond ETF | -0.90 | — | — | 51 | Intermediate Core Bond | TBX vs FCBD | |
| SPDR Portfolio Intermediate Term Corporate Bond ET... | -0.90 | -0.85 | -0.86 | 50 | Corporate Bonds | TBX vs SPIB |
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