Looking to diversify beyond YBIT? The ETFs below have the lowest correlation with YBIT — 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 YBIT.
Best Diversifiers for YBIT
439 ETFs have low correlation with YBIT (below 0.3), 25 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.09 | — | — | 100 | Government Bonds, Ultrashort Bond | YBIT vs USFR | |
| F/m US Treasury 3 Month Bill ETF | -0.09 | — | — | 100 | Ultrashort Bond | YBIT vs TBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | — | — | 99 | Ultrashort Bond | YBIT vs CSHP | |
| Brookmont Catastrophic Bond ETF | -0.08 | — | — | 96 | Nontraditional Bonds | YBIT vs ILS | |
| Obra Opportunistic Structured Products ETF | -0.07 | — | — | 72 | Multisector Bonds | YBIT vs OOSP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YBIT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YBIT and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.16, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.16 | -0.08 | -0.08 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.13 | -0.10 | -0.10 | 62 | Utilities | |
| CVS Health Corporation | -0.13 | -0.04 | -0.04 | 85 | Healthcare | |
| Verizon Communications Inc. | -0.13 | -0.10 | -0.10 | 66 | Communication Services | |
| Johnson & Johnson | -0.12 | -0.06 | -0.06 | 96 | Healthcare |
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