Looking to diversify beyond PKB? The ETFs below have the lowest correlation with PKB — 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 PKB.
Best Diversifiers for PKB
246 ETFs have low correlation with PKB (below 0.3), 53 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.30, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.30 | -0.27 | -0.27 | 97 | Inflation-Protected Bonds | PKB vs RBIL | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | -0.32 | -0.32 | 60 | Inverse Equities, Leveraged Equities | PKB vs MSTZ | |
| United States Gasoline Fund LP | -0.26 | -0.07 | 0.04 | 72 | Oil & Gas | PKB vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | — | — | 65 | Derivative Income | PKB vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | -0.02 | -0.02 | 98 | Inflation-Protected Bonds | PKB vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PKB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PKB and solid risk/return profiles. The least correlated is AST SpaceMobile, Inc. (ASTS) (Technology) with a 1Y correlation of 0.29, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AST SpaceMobile, Inc. | 0.29 | 0.31 | 0.34 | 69 | Technology | |
| Rocket Lab USA, Inc. | 0.31 | 0.40 | 0.44 | 79 | Industrials | |
| Tutor Perini Corporation | 0.63 | 0.60 | 0.58 | 78 | Industrials | |
| Toll Brothers, Inc. | 0.65 | 0.76 | 0.80 | 66 | Consumer Cyclical | |
| Sterling Infrastructure, Inc. | 0.73 | 0.68 | 0.66 | 93 | Industrials |
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