Looking to diversify beyond PBJL? The ETFs below have the lowest correlation with PBJL — 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 PBJL.
Best Diversifiers for PBJL
172 ETFs have low correlation with PBJL (below 0.3), 17 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.17, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | -0.12 | -0.12 | 98 | Inflation-Protected Bonds | PBJL vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.12 | — | — | 99 | Ultrashort Bond | PBJL vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.11 | -0.05 | -0.05 | 96 | Inflation-Protected Bonds | PBJL vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | — | — | 99 | Ultrashort Bond | PBJL vs CSHP | |
| Harbor Commodity All-Weather Strategy ETF | -0.04 | 0.02 | 0.02 | 58 | Commodities | PBJL vs HGER |
See all 1072 diversifiers for PBJL
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PBJL
Add PBJL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PBJL