Looking to diversify beyond PBFR? The ETFs below have historically moved differently from PBFR, 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 PBFR
202 ETFs have low correlation with PBFR (below 0.3), 38 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 | PBFR vs BITI | |
| Alpha Architect Tail Risk ETF | -0.36 | — | — | 56 | Options Trading | PBFR vs CAOS | |
| Invesco DB Energy Fund | -0.26 | — | — | 72 | Oil & Gas | PBFR vs DBE | |
| United States Brent Oil Fund LP | -0.24 | — | — | 52 | Oil & Gas | PBFR vs BNO | |
| Invesco DB Oil Fund | -0.21 | -0.05 | -0.05 | 58 | Oil & Gas | PBFR vs DBO |
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