Looking to diversify beyond XLVI? The ETFs below have the lowest correlation with XLVI — 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 XLVI.
Best Diversifiers for XLVI
390 ETFs have low correlation with XLVI (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.02, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.02 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | XLVI vs BIL | |
| Calvert Ultra-Short Investment Grade ETF | 0.02 | 0.02 | 0.02 | 98 | Ultrashort Bond | XLVI vs CVSB | |
| Franklin Liberty Systematic Style Premia ETF | 0.02 | 0.02 | 0.02 | 56 | Long-Short | XLVI vs FLSP | |
| Invesco BulletShares 2027 Municipal Bond ETF | 0.03 | 0.03 | 0.03 | 94 | Municipal Bonds | XLVI vs BSMR | |
| Invesco BulletShares 2026 Corporate Bond ETF | 0.03 | 0.03 | 0.03 | 99 | Corporate Bonds | XLVI vs BSCQ |
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