Looking to diversify beyond PATX? The ETFs below have the lowest correlation with PATX — 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 PATX.
Best Diversifiers for PATX
1 ETFs have low correlation with PATX (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator Growth Accelerated Plus ETF - April (QTAP) (Leveraged Equities) with a 1Y correlation of 0.08, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Growth Accelerated Plus ETF - April | 0.08 | 0.08 | 0.08 | 98 | Leveraged Equities | PATX vs QTAP |
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