Looking to diversify beyond PBJN? The ETFs below have the lowest correlation with PBJN — 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 PBJN.
Best Diversifiers for PBJN
209 ETFs have low correlation with PBJN (below 0.3), 20 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.41 | -0.41 | 57 | Cryptocurrency | PBJN vs BITI | |
| Invesco DB Energy Fund | -0.17 | — | — | 53 | Oil & Gas | PBJN vs DBE | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | PBJN vs BAMU | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | PBJN vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.11 | -0.05 | -0.05 | 96 | Inflation-Protected Bonds | PBJN vs IBID |
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