Looking to diversify beyond PTRB? The ETFs below have the lowest correlation with PTRB — 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 PTRB.
Best Diversifiers for PTRB
697 ETFs have low correlation with PTRB (below 0.3), 49 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 -0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.42 | -0.20 | — | 71 | Oil & Gas | PTRB vs DBE | |
| Invesco DB Oil Fund | -0.40 | -0.20 | — | 65 | Oil & Gas | PTRB vs DBO | |
| United States Brent Oil Fund LP | -0.39 | -0.20 | — | 65 | Oil & Gas | PTRB vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.15 | — | 71 | Commodities | PTRB vs GSG | |
| iShares Commodities Select Strategy ETF | -0.35 | -0.16 | — | 71 | Commodities | PTRB vs COMT |
See all 1168 diversifiers for PTRB
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