Looking to diversify beyond PBSE? The ETFs below have the lowest correlation with PBSE — 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 PBSE.
Best Diversifiers for PBSE
196 ETFs have low correlation with PBSE (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.43 | -0.43 | 57 | Cryptocurrency | PBSE vs BITI | |
| Invesco DB Energy Fund | -0.22 | — | — | 53 | Oil & Gas | PBSE vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | PBSE vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | PBSE vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.12 | — | — | 99 | Ultrashort Bond | PBSE vs BAMU |
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