Looking to balance out your exposure to PBM? The ETFs below have the lowest correlation with PBM — they tend to move on their own, which can help reduce risk when PBM drops. The stock ideas table highlights individual companies that behave independently from PBM.
No Diversifiers Found for PBM
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PBM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PBM and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | 0.02 | — | — | 76 | Real Estate |
Diversification Analysis
Build a portfolio that complements PBM
Add PBM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PBM