Looking to diversify beyond PBAP? The ETFs below have historically moved differently from PBAP, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PBAP
219 ETFs have low correlation with PBAP (below 0.3), 41 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | — | — | 51 | Cryptocurrency | PBAP vs BITI | |
| Invesco DB Energy Fund | -0.20 | — | — | 66 | Oil & Gas | PBAP vs DBE | |
| Invesco DB Oil Fund | -0.17 | — | — | 51 | Oil & Gas | PBAP vs DBO | |
| Strive U.S. Energy ETF | -0.12 | 0.12 | 0.12 | 68 | Energy Equities | PBAP vs DRLL | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.11 | 0.02 | 0.02 | 56 | Commodities | PBAP vs COMT |
See all 1329 diversifiers for PBAP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PBAP
Add PBAP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PBAP