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
483 ETFs have low correlation with PMBS (below 0.3), 32 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.33 | — | — | 64 | Systematic Trend | PMBS vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.16 | -0.16 | 75 | Commodities | PMBS vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.27 | — | — | 50 | Commodities | PMBS vs CMDT | |
| Bastion Energy ETF | -0.26 | — | — | 84 | Energy Equities | PMBS vs BESF | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.22 | -0.13 | -0.13 | 55 | Commodities | PMBS vs FTGC |
See all 1055 diversifiers for PMBS
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Diversification Analysis
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