Looking to diversify beyond PBSE? The ETFs below have historically moved differently from PBSE, 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 PBSE
217 ETFs have low correlation with PBSE (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 | -0.48 | — | — | 61 | Cryptocurrency | PBSE vs BITI | |
| Alpha Architect Tail Risk ETF | -0.30 | — | — | 56 | Options Trading | PBSE vs CAOS | |
| Invesco DB Energy Fund | -0.23 | — | — | 72 | Oil & Gas | PBSE vs DBE | |
| United States Brent Oil Fund LP | -0.21 | -0.05 | -0.05 | 52 | Oil & Gas | PBSE vs BNO | |
| Invesco DB Oil Fund | -0.19 | — | — | 58 | Oil & Gas | PBSE vs DBO |
See all 1283 diversifiers for PBSE
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