Looking to diversify beyond PBFB? The ETFs below have the lowest correlation with PBFB — 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 PBFB.
Best Diversifiers for PBFB
193 ETFs have low correlation with PBFB (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, 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 | -0.45 | -0.37 | -0.37 | 57 | Cryptocurrency | PBFB vs BITI | |
| Invesco DB Energy Fund | -0.24 | -0.07 | -0.07 | 53 | Oil & Gas | PBFB vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | PBFB vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | — | — | 51 | Commodities | PBFB vs GSG | |
| Brookstone Ultra-Short Bond ETF | -0.15 | -0.00 | -0.00 | 99 | Ultrashort Bond | PBFB vs BAMU |
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