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
466 ETFs have low correlation with PTRB (below 0.3), 50 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.41, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.41 | -0.22 | -0.12 | 57 | Oil & Gas | PTRB vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.36 | -0.17 | -0.09 | 52 | Commodities | PTRB vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.36 | -0.16 | -0.08 | 56 | Commodities | PTRB vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.34 | -0.18 | -0.18 | 55 | Commodities | PTRB vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.33 | -0.15 | — | 59 | Commodities | PTRB vs DBC |
See all 1160 diversifiers for PTRB
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