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
758 ETFs have low correlation with PMBS (below 0.3), 51 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.42, down from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.42 | -0.31 | -0.31 | 71 | Oil & Gas | PMBS vs DBE | |
| Invesco DB Oil Fund | -0.41 | — | — | 65 | Oil & Gas | PMBS vs DBO | |
| United States Brent Oil Fund LP | -0.40 | — | — | 65 | Oil & Gas | PMBS vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.36 | — | — | 71 | Commodities | PMBS vs GSG | |
| iShares Commodities Select Strategy ETF | -0.35 | — | — | 71 | Commodities | PMBS vs COMT |
See all 1147 diversifiers for PMBS
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