Looking to diversify beyond XBB? The ETFs below have the lowest correlation with XBB — 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 XBB.
Best Diversifiers for XBB
168 ETFs have low correlation with XBB (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.25 | -0.27 | 61 | Leveraged Currency | XBB vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.24 | -0.07 | -0.07 | 99 | Ultrashort Bond | XBB vs CSHP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | 0.14 | 0.14 | 98 | Inflation-Protected Bonds | XBB vs IBIC | |
| VanEck Commodity Strategy ETF | -0.17 | -0.00 | 0.04 | 55 | Commodities | XBB vs PIT | |
| Fidelity Managed Futures ETF | -0.16 | -0.15 | -0.15 | 64 | Systematic Trend | XBB vs FFUT |
See all 1577 diversifiers for XBB
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XBB
Add XBB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XBB