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
217 ETFs have low correlation with PBJL (below 0.3), 42 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.29 | — | — | 56 | Options Trading | PBJL vs CAOS | |
| Invesco DB Energy Fund | -0.22 | — | — | 70 | Oil & Gas | PBJL vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | PBJL vs IBIC | |
| United States Brent Oil Fund LP | -0.19 | — | — | 56 | Oil & Gas | PBJL vs BNO | |
| Invesco DB Oil Fund | -0.17 | — | — | 62 | Oil & Gas | PBJL vs DBO |
See all 1190 diversifiers for PBJL
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Diversification Analysis
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