Looking to diversify beyond PAWZ? The ETFs below have the lowest correlation with PAWZ — 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 PAWZ.
Best Diversifiers for PAWZ
229 ETFs have low correlation with PAWZ (below 0.3), 20 of which are negatively correlated. The least correlated is First Trust Alternative Absolute Return Strategy ETF (FAAR) (Commodities) with a 1Y correlation of -0.19, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.19 | -0.06 | -0.05 | 77 | Commodities | PAWZ vs FAAR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | 0.00 | 0.00 | 98 | Inflation-Protected Bonds | PAWZ vs IBIC | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.16 | 0.02 | 0.04 | 58 | Commodities | PAWZ vs CMDT | |
| VanEck CMCI Commodity Strategy ETF | -0.14 | 0.01 | 0.01 | 54 | Commodities | PAWZ vs CMCI | |
| Harbor Commodity All-Weather Strategy ETF | -0.13 | 0.03 | 0.09 | 54 | Commodities | PAWZ vs HGER |
See all 1148 diversifiers for PAWZ
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