Looking to diversify beyond PMBS? The ETFs below have historically moved differently from PMBS, 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 PMBS
470 ETFs have low correlation with PMBS (below 0.3), 61 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.46 | — | — | 66 | Oil & Gas | PMBS vs DBE | |
| Invesco DB Oil Fund | -0.45 | — | — | 51 | Oil & Gas | PMBS vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.39 | — | — | 61 | Commodities | PMBS vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.39 | — | — | 56 | Commodities | PMBS vs COMT | |
| Fidelity Managed Futures ETF | -0.37 | — | — | 85 | Systematic Trend, Actively Managed | PMBS vs FFUT |
See all 1276 diversifiers for PMBS
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