Looking to diversify beyond PBAP? The ETFs below have the lowest correlation with PBAP — 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 PBAP.
Best Diversifiers for PBAP
208 ETFs have low correlation with PBAP (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.39, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.39 | -0.37 | -0.37 | 53 | Cryptocurrency | PBAP vs BITI | |
| Invesco DB Energy Fund | -0.17 | — | — | 57 | Oil & Gas | PBAP vs DBE | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | PBAP vs CSHP | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.10 | — | — | 52 | Commodities | PBAP vs COMT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.10 | — | — | 98 | Inflation-Protected Bonds | PBAP vs IBIC |
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