Looking to diversify beyond PBAU? The ETFs below have historically moved differently from PBAU, 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 PBAU
220 ETFs have low correlation with PBAU (below 0.3), 37 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 | -0.45 | — | — | 61 | Cryptocurrency | PBAU vs BITI | |
| Alpha Architect Tail Risk ETF | -0.29 | — | — | 56 | Options Trading | PBAU vs CAOS | |
| Invesco DB Energy Fund | -0.22 | — | — | 72 | Oil & Gas | PBAU vs DBE | |
| United States Brent Oil Fund LP | -0.20 | — | — | 52 | Oil & Gas | PBAU vs BNO | |
| Invesco DB Oil Fund | -0.17 | — | — | 58 | Oil & Gas | PBAU vs DBO |
See all 1284 diversifiers for PBAU
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PBAU
Add PBAU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PBAU