Looking to diversify beyond PBMY? The ETFs below have the lowest correlation with PBMY — 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 PBMY.
Best Diversifiers for PBMY
209 ETFs have low correlation with PBMY (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.38 | -0.38 | 57 | Cryptocurrency | PBMY vs BITI | |
| Invesco DB Energy Fund | -0.23 | — | — | 53 | Oil & Gas | PBMY vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | PBMY vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | 0.00 | 0.00 | 51 | Commodities | PBMY vs GSG | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | PBMY vs BAMU |
See all 1146 diversifiers for PBMY
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