Looking to diversify beyond PJBF? The ETFs below have the lowest correlation with PJBF — 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 PJBF.
Best Diversifiers for PJBF
210 ETFs have low correlation with PJBF (below 0.3), 49 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.31, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | -0.08 | -0.08 | 71 | Oil & Gas | PJBF vs DBE | |
| United States Brent Oil Fund LP | -0.29 | -0.06 | -0.06 | 65 | Oil & Gas | PJBF vs BNO | |
| Invesco DB Oil Fund | -0.25 | -0.04 | -0.04 | 65 | Oil & Gas | PJBF vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | -0.12 | -0.12 | 98 | Inflation-Protected Bonds | PJBF vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | — | — | 72 | Commodities | PJBF vs GSG |
See all 1207 diversifiers for PJBF
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