Looking to balance out your exposure to PAVM? The ETFs below have the lowest correlation with PAVM — they tend to move on their own, which can help reduce risk when PAVM drops. The stock ideas table highlights individual companies that behave independently from PAVM.
Best Diversifiers for PAVM
1 ETFs have low correlation with PAVM (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.21, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.21 | 0.16 | 0.25 | 66 | S&P 500 | PAVM vs VOO |
Diversification Analysis
Build a portfolio that complements PAVM
Add PAVM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PAVM