Looking to diversify beyond PBNV? The ETFs below have the lowest correlation with PBNV — 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 PBNV.
Best Diversifiers for PBNV
201 ETFs have low correlation with PBNV (below 0.3), 25 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 -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.40 | -0.40 | 57 | Cryptocurrency | PBNV vs BITI | |
| Invesco DB Energy Fund | -0.23 | — | — | 53 | Oil & Gas | PBNV vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | PBNV vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 99 | Ultrashort Bond | PBNV vs BAMU | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | 0.02 | 0.02 | 51 | Commodities | PBNV vs GSG |
See all 1142 diversifiers for PBNV
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