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
216 ETFs have low correlation with PJBF (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.39 | -0.39 | 57 | Cryptocurrency | PJBF vs BITI | |
| Invesco DB Energy Fund | -0.25 | — | — | 53 | Oil & Gas | PJBF vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | PJBF vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.20 | — | — | 96 | Inflation-Protected Bonds | PJBF vs IBID | |
| VanEck Energy Income ETF | -0.17 | — | — | 81 | Energy Equities | PJBF vs EINC |
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