Looking to diversify beyond PABD? The ETFs below have the lowest correlation with PABD — 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 PABD.
Best Diversifiers for PABD
125 ETFs have low correlation with PABD (below 0.3), 38 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.38 | — | — | 57 | Oil & Gas | PABD vs DBE | |
| ProShares Short Bitcoin ETF | -0.37 | -0.34 | -0.34 | 53 | Cryptocurrency | PABD vs BITI | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | PABD vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.23 | — | — | 52 | Commodities | PABD vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | -0.02 | -0.02 | 56 | Commodities | PABD vs GSG |
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