Looking to diversify beyond PTBD? The ETFs below have the lowest correlation with PTBD — 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 PTBD.
Best Diversifiers for PTBD
127 ETFs have low correlation with PTBD (below 0.3), 21 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.20 | — | — | 64 | Systematic Trend | PTBD vs FFUT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.17 | — | — | 99 | Ultrashort Bond | PTBD vs CSHP | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.16 | -0.01 | 0.07 | 55 | Commodities | PTBD vs FTGC | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.16 | -0.01 | -0.01 | 50 | Commodities | PTBD vs CMDT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | PTBD vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PTBD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PTBD and solid risk/return profiles. The least correlated is CrowdStrike Holdings, Inc. (CRWD) (Technology) with a 1Y correlation of 0.18, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc. | 0.18 | 0.23 | 0.28 | 65 | Technology | |
| DigitalBridge Group, Inc. | 0.19 | 0.27 | 0.30 | 80 | Real Estate | |
| Amazon.com, Inc | 0.21 | 0.26 | 0.33 | 54 | Consumer Cyclical | |
| Shin-Etsu Chemical Co Ltd ADR | 0.25 | 0.30 | 0.28 | 77 | Basic Materials | |
| Amgen Inc. | 0.26 | 0.26 | 0.27 | 74 | Healthcare |
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