Looking to diversify beyond PALU? The ETFs below have the lowest correlation with PALU — 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 PALU.
Best Diversifiers for PALU
12 ETFs have low correlation with PALU (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long TSM Daily ETF | 0.10 | — | — | 67 | Leveraged Equities | PALU vs TSMG | |
| Direxion Daily MU Bull 2X Shares | 0.10 | — | — | 98 | Leveraged Equities, Semiconductors | PALU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 0.11 | — | — | 98 | Leveraged Equities | PALU vs MULL | |
| Leverage Shares 2X Long AMD Daily ETF | 0.13 | — | — | 93 | Leveraged Equities | PALU vs AMDG | |
| Direxion Daily AMD Bull 2X Shares | 0.13 | — | — | 93 | Leveraged Equities | PALU vs AMUU |
See all 15 diversifiers for PALU
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Diversification Analysis
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