Looking to diversify beyond PAVE? The ETFs below have the lowest correlation with PAVE — 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 PAVE.
Best Diversifiers for PAVE
259 ETFs have low correlation with PAVE (below 0.3), 43 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | PAVE vs RBIL | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 60 | Inverse Equities, Leveraged Equities | PAVE vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | — | — | 65 | Derivative Income | PAVE vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | PAVE vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | — | — | 96 | Inflation-Protected Bonds | PAVE vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PAVE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PAVE and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.03 | 0.18 | 79 | Consumer Defensive | |
| The Coca-Cola Company | -0.10 | 0.07 | 0.22 | 82 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.06 | 0.16 | 0.29 | 71 | Energy | |
| Chevron Corporation | -0.05 | 0.18 | 0.32 | 67 | Energy | |
| ConocoPhillips Company | -0.04 | 0.17 | 0.29 | 63 | Energy |
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