Looking to diversify beyond PBNV? The ETFs below have historically moved differently from PBNV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PBNV
217 ETFs have low correlation with PBNV (below 0.3), 36 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | — | — | 51 | Cryptocurrency | PBNV vs BITI | |
| Invesco DB Energy Fund | -0.25 | — | — | 66 | Oil & Gas | PBNV vs DBE | |
| Invesco DB Oil Fund | -0.20 | — | — | 51 | Oil & Gas | PBNV vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | PBNV vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | PBNV vs IBID |
See all 1294 diversifiers for PBNV
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