Looking to diversify beyond PMBS? The ETFs below have the lowest correlation with PMBS — 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 PMBS.
Best Diversifiers for PMBS
466 ETFs have low correlation with PMBS (below 0.3), 49 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.42 | — | — | 53 | Oil & Gas | PMBS vs DBE | |
| Fidelity Managed Futures ETF | -0.36 | — | — | 71 | Systematic Trend | PMBS vs FFUT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.36 | — | — | 51 | Commodities | PMBS vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.34 | -0.23 | -0.23 | 51 | Commodities | PMBS vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.33 | -0.23 | -0.23 | 54 | Commodities | PMBS vs DBC |
See all 1126 diversifiers for PMBS
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Diversification Analysis
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