Looking to diversify beyond PBMR? The ETFs below have the lowest correlation with PBMR — 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 PBMR.
Best Diversifiers for PBMR
197 ETFs have low correlation with PBMR (below 0.3), 42 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.09 | -0.09 | 71 | Oil & Gas | PBMR vs DBE | |
| United States Brent Oil Fund LP | -0.32 | — | — | 65 | Oil & Gas | PBMR vs BNO | |
| Invesco DB Oil Fund | -0.31 | — | — | 65 | Oil & Gas | PBMR vs DBO | |
| iShares Commodities Select Strategy ETF | -0.26 | — | — | 70 | Commodities | PBMR vs COMT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | — | — | 98 | Inflation-Protected Bonds | PBMR vs IBIC |
See all 1227 diversifiers for PBMR
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